Home foreclosure rates have risen in the United States to the highest levels since the Great Depression. With house … projected to go even higher. While most of the time a foreclosure is a suboptimal resolution of a distressed mortgage, a number …

This paper reviews the Mexican experience with the securitization of residential mortgages. It highlights the key …

This paper incorporates house price risk and mortgages into a standard incomplete market (SIM) model. The model is …

mortgages in the lead-up to the recent recession; therefore, the region did not get into a mortgage crisis as severe as in some …

A linear fixed effects statistical model is used to study variations in foreclosure rates across metropolitan … do a remarkable job of capturing variation in foreclosure rates. We study the regional variation in foreclosure rates in …. Finally, the model is used to provide forecasts of foreclosure rates conditioned on possible paths of labor market conditions …

participation by these lenders is associated with increased foreclosure filing rates at the onset of the housing downturn. We …-nonparametric methods. We show that this relation between the pre-crisis market share of independents and the rise in foreclosure is more … unemployment. Overall our findings lend support to the view that more stringent regulation could have averted some of the …