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Millions of Americans have negative housing equity, meaning that the outstanding balance on their mortgage exceeds …
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contemporary discussions of the mortgage market to see what market participants thought would happen, the authors find that …
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The reallocation of mortgage debt to low-income or marginally qualified borrowers plays a central role in many … explanations of the early 2000s housing boom. We show that such a reallocation never occurred, as the distribution of mortgage debt … with respect to income changed little even as the aggregate stock of debt grew rapidly. Moreover, because mortgage debt …
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In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …
Persistent link: https://www.econbiz.de/10009581858
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …
Persistent link: https://www.econbiz.de/10009614091