judicial process for a foreclosure sale have significantly lower rates of foreclosures relative to states that have no such … requirement. Using state laws requiring a judicial foreclosure as an instrument for actual foreclosures, as well as a regression … discontinuity design around state borders with differing foreclosure laws, we show that foreclosures have a large negative impact on …

. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing … scores, income, or education levels. The increase in foreclosure rates in non-judicial states persists for at least five …

on delinquent homeowners. Comparing zip codes close to state borders with differing foreclosure laws, we show that … foreclosure propensity and housing inventory jumped discretely as one entered non-judicial states. There is no jump in other … 2007 to 2009. As foreclosures subsided from 2011 to 2013, the difference between foreclosure rates in non-judicial and …

In response to the COVID-19 pandemic, Congress introduced foreclosure moratorium. We show that this moratorium … mortgage. Our results highlight that prompt mortgage forbearance prevents foreclosure shocks from propagating and amplifying …

. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing … scores, income, or education levels. The increase in foreclosure rates in non-judicial states persists for at least five …