associated with the liquidation of collateralized debt. Using the mortgage market as a laboratory, we conjecture that lenders …

We assess the credit market impact of allowing mortgage "strip-down" as a foreclosure-prevention measure, where strip … effective foreclosure-prevention program, because it would have only small and transient effects on the supply of mortgage loans. …-term reduction in mortgage interest rates and a small, short-term increase in mortgage approval rates, but no long-term effects, and …

We assess the credit market impact of allowing mortgage “strip-down” as a foreclosure-prevention measure, where strip … effective foreclosure-prevention program, because it would have only small and transient effects on the supply of mortgage loans …-term reduction in mortgage interest rates and a small, short-term increase in mortgage approval rates, but no long-term effects, and …

I develop an equilibrium model of housing and default to jointly analyze the effects of bankruptcy and foreclosure … debt. I show that the interaction between foreclosure and bankruptcy decisions is crucial for explaining the observed cross … bankruptcy rates but increased foreclosure rates, and that the Home Affordable Refinance Program reduced foreclosures during the …

standards on mortgage lending, which is reflected in rising foreclosure rates. We develop a methodology for decomposing the … trend in mortgage performance in the national serviced portfolio into a part due to economic conditions and a part due to … results suggest that the recent mortgage debacle can be attributed about equally to each factor. The relaxation in observable …

The global financial crisis heralded a new era of macroprudential mortgage regulations such as loan-to-value and loan …-time buyers. In this paper, we examine the introduction of a direct public mortgage, the Rebuilding Ireland Home Loan, which aims … regulatory framework. The scheme enables these lower to middle-income borrowers to access mortgage credit and thus directly …