estate firms and funds are included, in addition to information on the volume and functioning of the mortgage market. Also …

We use survey data to study American households’ propensity to default when the value of their mortgage exceeds the … value of their house even if they can afford to pay their mortgage (strategic default). We find that 26% of the existing … the house. Yet, 17% of households would default, even if they can afford to pay their mortgage, when the equity shortfall …

This report analyzes recent proposals suggesting that the government buy up or guarantee bad mortgage debt in an … study, which focuses on the plan put forth by the Office of Thrift Supervision, shows that banks and mortgage holders end up …

efficient" areas can safely be allowed to breach underwriting guidelines designed to prevent mortgage default because they have … lower than average automobile-related transportation expenses and more income available for mortgage payments. This paper … proposition. Our results suggest that it does not hold and that LEMs—like other low-downpayment mortgage programs—will raise …

incidence of mortgage arrears and possessions. Successive UK governments have enthusiastically pursued both financial … deregulation and the promotion of private mortgage payment protection insurance (MPPI) as the primary safety net for mortgage …. With this motivation, we review the mortgage payment protection insurance (MPPI) debate in the UK and examine whether …

situation, in the contexts of a mortgage crisis in the United States and of a need to adhere to the European level of dwelling …

Standard mortgage borrowing practices are incorporated into a model of the loanable funds market. Contrary to the …

like a scarecrow: the rise in nominal mortgage rates deters myopic home buyers, who naively watch the nominal interest rate …