Using a unique dataset of home equity credit contracts, we examine the benefits of joint liability lending. Our results … single borrowers. Our results indicate that the lower risk associated with joint liability is largely dependent upon the … similarity of risk characteristics (profiles) of the joint borrowers. Our results suggest that joint liability lending per say …

management companies by mortgage lenders and servicers. Specifically, this Essay discusses a wave of litigation spanning 30 … states and touching the lives of many American homeowners pertaining to the so-called Mortgage Field Services Industry, the … only major policy implications for distressed homeowners and state foreclosure practices, but also for lender liability and …

mortgage modification process. This article attempts to outline the various ways courts impose this liability and offers some … Mortgage Program, was intended to be a win-win for creditors and debtors, which would allow creditors to prevent greater losses … success, federal courts have begun to place liability of creditors for their perceived failure to save more homes from …

The Canadian mortgage insurance system is unique: the government of Canada has a significant explicit exposure to … mortgage finance. Forty-three percent of mortgages (including all loan-to-value mortgages over 80 percent) are covered by … system also includes an unlevel playing field for mortgage insurance because it favours the dominant, government …