excessive number both of foreclosed homes and homes awaiting foreclosure in the shadow housing inventory. Foreclosure prevention … loan modification experience post-2008 yielded four main lessons about the best way to optimize foreclosure prevention …

foreclosure crisis. Research on defaults was advanced both theoretically and empirically by the time the crisis began, but …

foreclosure crisis. Research on defaults was advanced both theoretically and empirically by the time the crisis began, but …

, autonomy, and a particular legitimate version of the "home." Despite this promotion, just before and during the Foreclosure …

. Politicians and commentators often use this explanation to argue that the foreclosure crisis is the result of regulations that …. Holding loan cost constant, I find that foreclosure is lower in minority areas. This evidence is consistent with lenders … foreclosure crisis …

The current mortgage foreclosure crisis is presumably related to lax lending policies pursued by financial institutions … mortgage lending is higher in minority areas, the estimated mortgage foreclosure rate is lower in these areas. This evidence is … inconsistent with the contention that regulations encouraging lending in minority areas contribute to the subprime foreclosure …

homeowners who used subprime mortgages to buy their homes, and estimate how often these borrowers end up in foreclosure. In order … purchase mortgage end up in foreclosure almost 20 percent of the time, or more than 6 times as often as experiences that begin …

residents. Furthermore, we argue that the particularly dire foreclosure situation in urban neighborhoods actually makes it …

This paper takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be … show, both theoretically and empirically, that the efficiency of foreclosure for investors is a more plausible explanation …