of redemption on the net selling price. The findings of a search of redeemed properties indicate that the actual number … examination of 1,860 foreclosed properties from 2004-2012 shows that the right of redemption option influences the net selling … price. For a property purchased with a $90,000 exercise price (foreclosed auction selling price), a 10% increase in the …

Using a unique dataset of home equity credit contracts, we examine the benefits of joint liability lending. Our results … single borrowers. Our results indicate that the lower risk associated with joint liability is largely dependent upon the … similarity of risk characteristics (profiles) of the joint borrowers. Our results suggest that joint liability lending per say …

management companies by mortgage lenders and servicers. Specifically, this Essay discusses a wave of litigation spanning 30 … states and touching the lives of many American homeowners pertaining to the so-called Mortgage Field Services Industry, the … only major policy implications for distressed homeowners and state foreclosure practices, but also for lender liability and …

This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first … is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how …-bearing and insurance, for the liability system acts as an implicit insurer for accident victims and it imposes risk on potential …

covered. The first is legal liability for harm. Here we discuss liability rules as incentives to reduce risk, issues of risk …-bearing and insurance, and the costs of the liability system. Second, we consider property law, where we address the nature and …