Cordell, Larry; Geng, Liang; Goodman, Laurie; Yang, Lidan - Federal Reserve Bank of Philadelphia - 2013
be four percentage points higher in statutory foreclosure states, they are estimated to be 13 percentage points higher in … judicial foreclosure states and 19 percentage points higher in the highest-cost state, New York. We discuss the policy … fees 15-30 basis points in five high-cost judicial states. Combined with evidence that foreclosure delays do not improve …