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

life-cycle profile of home ownership, and the mortgage default rate. The average coefficients that measure the agents …

a mortgage debt crisis, but in several cases, the legal response was based on the introduction of personal insolvency … understanding of the main considerations in resolving personal insolvency and distressed mortgage debt in the context of crises …

We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default … counterfactual analysis of the responsiveness of mortgage PDs, LGDs, and bank capitalization conditional on adverse scenarios related …

In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and declining consumption and … incomes, leading to higher mortgage defaults and deeper recessions. In such situations, resolution policies may need to be … experiences from Iceland, Ireland, Spain, and the United States, this paper discusses how economic trade-offs affecting mortgage …

phasing out gradually deferred-amortization mortgage loans and introducing risk-adjusted deposit insurance premia. …

credit during the financial crisis in the United States. We focus on mortgage lending to minimize the impact of confounding … credit. The disaggregated data on mortgage applications that we use allows us to study the time variations in banksâ …€™ decisions to grant mortgage loans, while controlling for bank, borrower, and regional characteristics. The wealth of data also …