. I show the common assumption that household period utility is separable in housing and consumption can be consistent … complementarity between housing and consumption. These predictions of my model are confirmed by household data from the Consumer …

mortgages. We create a simple four-equation model, which is able to replicate the dynamics of the Warsaw primary housing market …

analysis of mortgage default to include mortgages that require no down payment from the purchaser. A continuous time hazard …Previous research has focused on equity as a prime determinant of mortgage default propensities. This paper extends the … representative random sample of about 5,000 FHA insured single family mortgages endorsed in Fiscal Years 2000, 2001, and 2002 …

have a significant influence on the housing price dynamics, (iii) mortgage interest rate semi-elasticity and real household …This paper examines the effects of a mortgage interest rate subsidy on boom and bust in the housing market by … exploiting the Housing Mortgage (HM) program implemented in Mongolia. Main results are (i) the recent housing boom occurred from …

The foreclosure crisis that began in 2008 triggered the need for standardized tools to evaluate distressed mortgages as …

The foreclosure crisis that began in 2008 triggered the need for new approaches to treat distressed mortgages. A key …