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homeowners who used subprime mortgages to buy their homes, and estimate how often these borrowers end up in foreclosure. In order … purchase mortgage end up in foreclosure almost 20 percent of the time, or more than 6 times as often as experiences that begin …
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The purpose of this paper is to lay out the range of responses to the foreclosure crisis in which local organizations …
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residents. Furthermore, we argue that the particularly dire foreclosure situation in urban neighborhoods actually makes it …
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This paper takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be … show, both theoretically and empirically, that the efficiency of foreclosure for investors is a more plausible explanation …
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