almost half of purchase mortgage originations were associated with investors. In part by apparently misreporting their …

The most frequent mortgage loans in the US behave according to nominal interest rates with level loan payments (NRMs … increase of real payments in the early years of the mortgage due to higher inflation (Lessard and Modigliani, 1975), causes …

This paper argues that the U.S. mortgage debacle must be analyzed in the broader setting of global real estate markets …

as higher credit scores, but may also have weaker incentives to maintain mortgage payments when housing values fall …. During the recent housing boom, the share of mortgage borrowing by non-occupant owners was relatively high in states where … Midwestern and Northeastern states reflected primarily a high rate of foreclosure per mortgage, not a high volume of mortgages to …

This article first describes the paradigm shift in mortgage loan servicing over the past two decades. Securitization of … mortgages as commodities and exotic financing products changed the position and role of mortgage loan collateral. As new and … unregulated mortgage servicing and debt collection practices were increasingly insulated from mortgage ownership, collateral as a …