House price volatility; lender and borrower perception of price trends, loan and property features; and the borrower …'s put option are integrated in a model of residential mortgage default. These dimensions of the default problem have, to our … mortgage loans for twenty counties in Florida, over the period 2001 through 2008, third quarter, with housing price performance …

House price volatility; lender and borrower perception of price trends, loan and property features; and the borrower …'s put option are integrated in a model of residential mortgage default. These dimensions of the default problem have, to our … mortgage loans for twenty counties in Florida, over the period 2001 through 2008, third quarter, with housing price performance …

bubble and subsequent mortgage market collapse. Using both state-level and zip code-level data over the period 2001-2008, we …

asymptotically normal. Applying my estimator to the subprime mortgage crisis, I quantify what caused the foreclosure rate to triple … standards, with a 10% decline in home prices increasing subprime mortgage default rates by 50% …

Using a property-level data set of houses in Los Angeles County, I estimate that 30% of the recent surge in mortgage …

, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …

, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …

We quantify the housing-consumption channel in mortgage demand according to which households borrow more following … a structural approach to mortgage demand and supply, exploiting exogenous variation in house-price growth and a unique … dataset with matched transactionprice and mortgage information. We estimate an elasticity of mortgage borrowing to house …