There are two purposes of this article. Firstly, it examines the consequences for stakeholders, if the mortgage …

, committed to pay the mortgage holders the full values of their homes, and retained those homes. In Nobelman, the Court … of their houses, lease the houses for one year, file bankruptcy, and propose mortgage modification plans that pay … mortgage holders the full current values of the houses. This Article argues that despite the artificiality of a move-out with …

This article discusses the often overlooked ramifications of strategic mortgage default and the widespread implications …

This study discusses the many factors and considerations that enter into the strategic mortgage default (SMD) decision …

We develop and test a model of mortgage underwriting, with particular reference to the role of credit bureau scores. In … conflicting results - seeking to explain how exemptions affect the mortgage market. By contrast, our model implies that when … lenders use credit scores in a standardized manner, exemptions should be irrelevant to the mortgage underwriting decision …

Mortgage foreclosures are at an all-time high and property values in many parts of the country have declined … homeowner who finds that her mortgage debt exceeds the value of her home. The reason for bankruptcy's inadequacy in this regard … law in 1978, when most home mortgage loans were 30-year fixed rate loans made by savings and loan associations. While most …

Defaulting on a mortgage is widely viewed as being immoral, but no prior study has examined the intervening roles of …

We study the impact of changes in recourse legislation on mortgage defaults. Romania provides us with an ideal … experimental setting to identify this impact. Using a large dataset of mortgage loans granted between 2003 and 2016, we exploit an …