commonly believed, lead to a substantial increase in homeownership by minorities but instead generated turnover in properties … owned by minority residents. Furthermore, we argue that the particularly dire foreclosure situation in urban neighborhoods …

We estimate a model of foreclosure using a data set that includes every residential mortgage, purchase-and-sale, and … foreclosure transaction in Massachusetts from 1989 to 2008. We address the identification issues related to the estimation of the … occurred in Massachusetts between 2005 and 2008 and conclude that the foreclosure crisis was primarily driven by the severe …

complete the foreclosure process, and go to zero about a year after the bank sells the property to a new homeowner. The … shows that policies that slow the transition from delinquency to foreclosure likely exacerbate the negative effect of …

the foreclosure process, and go to zero about a year after the bank sells the property to a new homeowner. The estimates … shows that policies that slow the transition from delinquency to foreclosure likely exacerbate the negative effect of …

Which housing characteristics are important for understanding homeownership rates? How are housing characteristics … theories of homeownership? Using the English Housing Survey, we estimate a selection model of the allocation of properties to … correlations between rent-to-price ratios and homeownership rates. These patterns are consistent with, among others, hypotheses of …

attitudes of individual consumers. They find that younger respondents are relatively less confident about homeownership after …

We evaluate the effects of laws designed to protect borrowers from foreclosure. We find that these laws delay but do …. We find that the right-to-cure law lengthens the foreclosure timeline but does not lead to better outcomes for borrowers. …

This paper takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be … empirical evidence supporting the hypothesis that the efficiency of foreclosure for investors is a more plausible explanation …

This paper provides the first rigorous assessment of the homeownership experiences of subprime borrowers. We consider … homeowners who used subprime mortgages to buy their homes, and estimate how often these borrowers end up in foreclosure. In order … to evaluate these issues, we analyze homeownership experiences in Massachusetts over the 19892007 period using a …

to a substantial increase in homeownership by minorities, but instead generated turnover in properties owned by minority … residents. Furthermore, we argue that the particularly dire foreclosure situation in urban neighborhoods actually makes it …