This study uses data from waves 1 (1987-1989) and 2 (1992-1994) of the National Survey of Families and Households in the United States and a series of standard ordinary least squares (OLS) regressions and OLS regressions with individual-specific fixed effects to estimate associations of...

Due to the rise in foreclosure filings, policymakers are increasingly concerned with helping families in financial distress keep their homes. This paper tests the extent to which distressed mortgage borrowers benefit from three types of state foreclosure polices: (1) judicial foreclosure...