We conduct an empirical investigation to explain observed differentials in mortgage overage pricing. Our analysis makes several contributions. First, we study an area of mortgage pricing that is little understood by consumers and has received little scrutiny in the literature. Second, we...

In terms of developing a housing policy that would improve the quality of housing for lower income households, it seems appropriate to explore the merits of an often-ignored alternative, namely manufactured owned housing. This article employs data from the American Housing Survey (AHS) collected...

We use a discrete choice recursive model to classify 629 companies with dividend reinvestment plans (DRIPs) in 1999 and 514 companies without them. Our model classifies 72.0% of companies correctly. We interpret misclassified companies as being likely to switch their plan status. For example, if...

The existing literature on mortgage default and foreclosure largely examines the development of mortgage problems (the first stage) and the possibility of recovery from such problems (the second stage) separately. such studies may provide an incomplete picture of the development and possible...

We use a discrete choice recursive model to classify companies with and without dividend reinvestment plans (DRIPs). Our model classifies 72.0% of companies correctly. We interpret misclassified companies as being likely to switch their plan status. For example, if financial data erroneously...

A primary motivation for promoting homeownership is the concept that owner-occupied housing can be an important means of wealth accumulation, particularly for those lower income and minority households that are able to purchase homes. With given data issues, however, it is difficult to assess...

Because of the significant growth in the number of Hispanic households in the United States, this article pools the 1998, 2002, and 2004 standard metropolitan statistical area samples of the American Housing Survey to compare the housing situations of Hispanic, African-American, and White...

This paper uses information on out-of-pocket housing cost and house price appreciation along with the geo-coded version of the Panel Study of Income Dynamics to consider the differences in the impact of these and other variables on the tenure choices of sample households across three time...