The flood of foreclosures on residential mortgages in the past several years has had a significant impact on household …'s household after their mortgage has been foreclosed. In this paper, we study the post-foreclosure experience of U.S. households … effect of foreclosure on household size and migration patterns, including the distance that a household typically moves and …

household balance sheet components for four wealth percentile groups. The results show that a positive housing shock translates … that the identified housing shock has high explanatory power for key economic indicators, housing indices and household …