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

when U.S. residential mortgage creditors became liable for failing to consider a borrower's future ability to repay the … mortgage, suggesting that these events improved consumer surplus and might have improved social welfare …

This research explores effective (economic) property rights granted to contractual parties when a home mortgage is in …

In the mid-1990s, mortgage bankers created Mortgage Electronic Registration Systems, Inc. (MERS) to escape the costs … associated with recording mortgage transfers. To accomplish this, lenders permanently list MERS as the mortgagee of record …

of the Torrens System which allow mortgage lenders to omit reasonable precautions to ensure that the borrower is the …

Much of the literature on the economics of mortgage markets has studied the FRM-ARM choice made by individual borrowers … of optimal risk-sharing in mortgage contracts. But since only a small literature has studied this question, more research …'s (1986a) model, using it to characterize optimal contracts in the absence of mortgage termination, and then exploring how …

mortgage contract designs that more directly pass through interest rate declines to borrowers can reduce racial mortgage …