adverse trigger event, affects mortgage default. We find that both household unemployment and the local unemployment rate are … important predictors of mortgage default. We also find that precautionary savings and the duration of unemployment benefits can …There is limited evidence of the role of household-level adverse trigger events in driving mortgage default, and the …

adverse trigger event, affects mortgage default. We find that both household unemployment and the local unemployment rate are … important predictors of mortgage default. We also find that precautionary savings and the duration of unemployment benefits can …There is limited evidence of the role of household-level adverse trigger events in driving mortgage default, and the …

proxy for individual unemployment status using regional unemployment rates, we find that individual unemployment is the … strongest predictor of default. We find that individual unemployment increases the probability of default by 5 - 13 percentage … defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …

results show that homeowners with a mortgage exit unemployment first. Outright owners stay unemployed the longest. Tenants …This paper examines the impact of housing tenure choice on unemployment duration in Belgium using EU‐SILC micro data …. We contribute to the literature in distinguishing homeowners with mortgage payments and outright homeowners. We …

Prior research has found that job loss, as proxied for by regional unemployment rates, is a weak predictor of mortgage … important determinants of mortgage default. Households with an unemployed head are approximately three times as likely to … financial shocks are important drivers of mortgage default, our analysis shows that the vast majority of financially distressed …