This paper examines the impact of refinance on mortgage default, based on an empirical investigation of Home Affordable …

This paper examines the impact of refinancing on mortgage defaults based on an empirical investigation of the Home …

This paper examines the impact of refinancing on mortgage defaults based on an empirical investigation of the Home …

This paper examines racial and ethnic differences in high cost mortgage lending in seven diverse metropolitan areas … lenders explains almost all of the racial and ethnic differences in high cost mortgage borrowing …

A mortgage borrower has several options once a foreclosure proceedings is initiated, mainly default and prepayment …. Using a sample of FHA mortgage loans, we develop a dependent competing risks framework to examine the determinants of time … behavior of the individual mortgage borrowers. We find that time to default and time to prepayment are affected by several …

risk in the mortgage market raises the default rate and spreads to the rest of the economy, creating a recession. In our … model two shocks are well suited to replicate the subprime crisis and the Great Recession: the mortgage risk shock and the …. This policy is successful in stabilizing the mortgage market and makes all agents better off. …