constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …, the reverse occurs. Based on these insights, I consider a foreclosure reform that makes all mortgages full recourse, and I …

In 2007, the United States began to experience its worst housing and foreclosure crisis since the Great Depression. In … response, policymakers have been devising foreclosure prevention plans, most of which focus on loan modifications. This article … to combat foreclosure and then briefly summarizes the main U.S. programs of the past few years. By most analyses, the …

A mortgage borrower has several options once a foreclosure proceedings is initiated, mainly default and prepayment … to default and time to prepayment once the foreclosure proceedings is initiated. More importantly, we examine the …

, barriers to entry, and foreclosure – were applied over time and across different geographic market definitions. On average … reform. Competitive concerns are also correlated with rising concentration, especially if entry barriers and foreclosure are …