Showing 1 - 10 of 36
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
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/10010989304
Persistent link: https://www.econbiz.de/10009529225
Persistent link: https://www.econbiz.de/10011516550
This chapter considers the structure of mortgage finance in the U.S., and its role in shaping patterns of homeownership, the nature of the housing stock, and the organization of residential activity. We start by providing some background on the design features of mortgage contracts that...
Persistent link: https://www.econbiz.de/10010488293
Persistent link: https://www.econbiz.de/10011389149