Showing 121 - 130 of 347,202
Persistent link: https://www.econbiz.de/10003862245
We incorporate house price risk and mortgages into a standard incomplete market (SIM) model. We calibrate the model to match U.S. data, and we show that the model also accounts for non-targeted features of the data such as the distribution of down payments, the life-cycle profile of home...
Persistent link: https://www.econbiz.de/10009298094
Persistent link: https://www.econbiz.de/10003729806
legislation in U.S. economic history: the American Housing Rescue and Foreclosure Prevention Act of 2008 and the Emergency …
Persistent link: https://www.econbiz.de/10012464179
asymptotically normal. Applying my estimator to the subprime mortgage crisis, I quantify what caused the foreclosure rate to triple …
Persistent link: https://www.econbiz.de/10014447321
mortgage crisis, in order to critically analyse the Personal Insolvency Arrangement under Ireland's Personal Insolvency Bill … strategies to maximise lender incentives to participate in Personal Insolvency Arrangements. It should further develop optimal … eligibility criteria for Personal Insolvency Arrangements, and provide additional detail on the role of the Personal Insolvency …
Persistent link: https://www.econbiz.de/10013107527
This paper argues that during the housing bubble, housing finance markets failed to price risk correctly because of information failure caused by the complexity and heterogeneity of private-label mortgage-backed securities and structured finance products. Addressing the informational problems...
Persistent link: https://www.econbiz.de/10013115637
Persistent link: https://www.econbiz.de/10014499373
Persistent link: https://www.econbiz.de/10010253060
Persistent link: https://www.econbiz.de/10012180289