Reconsidering bankruptcy mortgage modifications as one among several solutions to weather the foreclosure crisis …

. Politicians and commentators often use this explanation to argue that the foreclosure crisis is the result of regulations that … facilitate mortgage access to minorities. Alternatively, lenders could have unfairly forced borrowers from minority areas into …. Holding loan cost constant, I find that foreclosure is lower in minority areas. This evidence is consistent with lenders …

The current mortgage foreclosure crisis is presumably related to lax lending policies pursued by financial institutions … mortgage lending is higher in minority areas, the estimated mortgage foreclosure rate is lower in these areas. This evidence is … that extended mortgages to borrowers with questionable credit. These so-called subprime mortgage loans were …

modifications specifically targeted to mortgage relief? The 2007–2012 financial crisis provides a unique opportunity to assess … whether bankruptcy can help homeowners avoid the negative consequences of over-indebtedness and mortgage default. This … empirical study analyzes a large, loan-level mortgage dataset to determine which variables are associated with delinquency and …

The economic destruction of the foreclosure crisis and the Great Recession included not only the 4.5 million families … foreclosure crisis and Great Recession …

Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are … institutional framework that governs mortgage lending lead to information loss in appraisals (that is, appraisals set equal to the … incidence of mortgage default at loan-to-value boundaries (notches) above which mortgage insurance rates increase. Appraisals …