efficient" areas can safely be allowed to breach underwriting guidelines designed to prevent mortgage default because they have … lower than average automobile-related transportation expenses and more income available for mortgage payments. This paper … proposition. Our results suggest that it does not hold and that LEMs—like other low-downpayment mortgage programs—will raise …

incidence of mortgage arrears and possessions. Successive UK governments have enthusiastically pursued both financial … deregulation and the promotion of private mortgage payment protection insurance (MPPI) as the primary safety net for mortgage …. With this motivation, we review the mortgage payment protection insurance (MPPI) debate in the UK and examine whether …

situation, in the contexts of a mortgage crisis in the United States and of a need to adhere to the European level of dwelling …

Standard mortgage borrowing practices are incorporated into a model of the loanable funds market. Contrary to the …

like a scarecrow: the rise in nominal mortgage rates deters myopic home buyers, who naively watch the nominal interest rate …

Property price inflation has accelerated during the last few years, propelled by low mortgage rates, poor returns from …

After a number of warning signs, the U.S. "subprime mortgage crisis" became a headline issue in February 2007 …. Notwithstanding the bankruptcy of numerous mortgage companies, historically high delinquencies and foreclosures, and a significant …