Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers and their households after their mortgage has been foreclosed. We study the post-foreclosure experience of U.S. households using a unique dataset based on the credit reports of a...

The flood of foreclosures on residential mortgages in the past several years has had a significant impact on household finances, housing markets, and financial markets. To date, however, little is known about what happens to the borrower's household after their mortgage has been foreclosed. In...

Despite the recent flood of foreclosures on residential mortgages, little is known about what happens to borrowers' households after their mortgage has been foreclosed. We study the post-foreclosure experience of U.S. households using a unique dataset based on the credit reports of a large panel...