Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10009782671
Using a rich database of non-prime mortgages from New York City, we find that census tract level neighborhood characteristics are important predictors of default behavior, even after controlling for an extensive set of controls for loan and borrower characteristics. First, default rates increase...
Persistent link: https://www.econbiz.de/10013119260
Using a rich database of non-prime mortgages from New York City, we find that census tract level neighborhood characteristics are important predictors of default behavior, even after controlling for an extensive set of controls for loan and borrower characteristics. First, default rates increase...
Persistent link: https://www.econbiz.de/10014193846
Persistent link: https://www.econbiz.de/10010396111
We use a detailed dataset of seriously delinquent mortgages to examine the dynamic process of mortgage default – from initial delinquency and default to final resolution of the loan and disposition of the property. We estimate a two-stage competing risk hazard model to assess the factors...
Persistent link: https://www.econbiz.de/10013120539
Persistent link: https://www.econbiz.de/10011516550
The mortgage default decision is part of a complex household credit management problem. We examine how factors affecting mortgage default spill over to other credit markets. As home equity turns negative, homeowners default on mortgages and HELOCs at higher rates, whereas they prioritize...
Persistent link: https://www.econbiz.de/10013020471
We use a detailed dataset of seriously delinquent mortgages to examine the dynamic process of mortgage default - from initial delinquency and default to final resolution of the loan and disposition of the property. We estimate a two-stage competing risk hazard model to assess the factors...
Persistent link: https://www.econbiz.de/10013060299
Persistent link: https://www.econbiz.de/10010127417
The mortgage default decision is part of a complex household credit management problem. We examine how factors affecting mortgage default spill over to other credit markets. As home equity turns negative, homeowners default on mortgages and HELOCs at higher rates, whereas they prioritize...
Persistent link: https://www.econbiz.de/10011284437