The abnormally high mortgage default rates that became apparent in early 2007 were not foreseen in June 2005, when … mortgage production in the US reached its peak. Could the significant increase in mortgage defaults that triggered the … resultant subprime crisis, have been predicted? This paper develops a mortgage-level predictive model for mortgage default and …

misleading investors with respect to the default risk on mortgage backed securities (MBS). This paper argues that, to the … detriment of investors, the CRA did not incorporate information available to securitizers in their ratings of subprime mortgage … Moody's Investor Services projections of loss for these mortgage pools. The percent of principal balances rated triple-A is …

The current study investigates the recent mortgage crisis to determine whether deteriorating aggregate loan …

, committed to pay the mortgage holders the full values of their homes, and retained those homes. In Nobelman, the Court … of their houses, lease the houses for one year, file bankruptcy, and propose mortgage modification plans that pay … mortgage holders the full current values of the houses. This Article argues that despite the artificiality of a move-out with …

facilitate mortgage access to minorities. Alternatively, lenders could have unfairly forced borrowers from minority areas into …

subprime mortgage defaults, which is widely believed to be a driving force in the 2008/2009 financial crisis. In the years just … before the 2008/2009 financial crisis, private mortgage securitizers were eager to supply world-wide demand for trillions of … dollars of “highly-rated” mortgage-backed securities (MBS) created from pools of subprime mortgage loans. The net effect was …

We offer the first empirical evidence on the adverse effect of credit default swap (CDS) coverage on subprime mortgage … defaults. Using a large database of privately securitized mortgages, we find that higher defaults concentrate in mortgage pools …. Overall, we show that CDS coverage helped drive higher mortgage defaults during the financial crisis …