adjustable-rate mortgages that have experienced large rate reductions over the past years and are largely immune to these …

The authors evaluate laws designed to protect borrowers from foreclosure. They find that these laws delay but do not … laws. They find that the right-to-cure law lengthens the foreclosure timeline but does not lead to better outcomes for …

information issues endemic to home mortgages, where lenders negotiate with large numbers of borrowers, lead to barriers in …

-of-sale foreclosure; deficiency judgments and recourse; assignments; the Mortgage Electronic Registration System; and methods for avoiding … foreclosure, including deeds-in-lieu and short sales. Our discussion focuses on real property law and its economic implications …

contain information on the location of properties secured by seriously delinquent mortgages and information on the condition … complete the foreclosure process, and go to zero about a year after the bank sells the property to a new homeowner. The … shows that policies that slow the transition from delinquency to foreclosure likely exacerbate the negative effect of …