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judicial process for a foreclosure sale have significantly lower rates of foreclosures relative to states that have no such … requirement. Using state laws requiring a judicial foreclosure as an instrument for actual foreclosures, as well as a regression … discontinuity design around state borders with differing foreclosure laws, we show that foreclosures have a large negative impact on …
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. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing … scores, income, or education levels. The increase in foreclosure rates in non-judicial states persists for at least five …
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. Comparing zip codes close to state borders with differing foreclosure laws, we show that foreclosure propensity and housing … scores, income, or education levels. The increase in foreclosure rates in non-judicial states persists for at least five …
Persistent link: https://www.econbiz.de/10012461972
In response to the COVID-19 pandemic, Congress introduced foreclosure moratorium. We show that this moratorium … mortgage. Our results highlight that prompt mortgage forbearance prevents foreclosure shocks from propagating and amplifying …
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The aim of the study is to explain if the foreclosure effect on prices is explained by a lower quality of foreclosed … estimate the impact of foreclosure on home prices in Florida and Indiana from 2000 to 2008. We employ a model of housing demand …-specific quality explains the vast majority of the foreclosure effects on house prices. Our results also show that foreclosed homes in …
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