defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …

In this paper we examine the sensitivity of mortgage arrears for Irish households to changes in mortgage interest rates … information on current income and current mortgage repayments to link arrears to the level of, as well as shocks in, households … and those on tracker mortgage rate loans are most at risk following rate rises. This has important consequences for the …

bankruptcy asset exemptions and mortgage foreclosure laws on mortgage defaults across different segments of the mortgage market …. Certain provisions of foreclosure laws, such as judicial foreclosure, are associated with a higher level of mortgage defaults … statistically significant non-linear relationship between bankruptcy asset exemptions and mortgage defaults …

We are the first to provide closed-form analytic solutions for the joint problem of mortgage refinancing and default …. Our solution takes into account reduction in mortgage interest rates and the "cash-out" motive for refinancing. The model … predicts how long the households are likely to wait before defaulting, even if default is costless, when their mortgage goes …

an important predictor of mortgage default. Specifically, individuals that pledge higher collateral have a lower hazard …

In this paper, we explore the impact of current household repayment capacity on mortgage default using household …