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Refinance and Mortgage Default : A Regression Discontinuity Analysis of HARP's Impact on Default Rates

Karamon, Kadiri - 2016

This paper examines the impact of refinancing on mortgage defaults based on an empirical investigation of the Home …

Persistent link: https://www.econbiz.de/10012989364

Refinance and Mortgage Default : An Empirical Analysis of the HARP's Impact on Default Rates

Zhu, Jun - 2012

This paper examines the impact of refinance on mortgage default, based on an empirical investigation of Home Affordable …

Persistent link: https://www.econbiz.de/10013097132

The Determinants of Subprime Mortgage Performance Following a Loan Modification

Schmeiser, Maximilian D. - 2015

We examine the evolution of mortgage modification terms obtained by distressed subprime borrowers during the recent …-modification mortgage outcomes. We find that principal reductions are particularly effective at improving loan outcomes, as high loan …

Persistent link: https://www.econbiz.de/10013028633

The Determinants of Subprime Mortgage Performance Following a Loan Modification

Schmeiser, Maximilian D. - 2015

Persistent link: https://www.econbiz.de/10013011769

Strategic Default on First and Second Lien Mortgages During the Financial Crisis

Jagtiani, Julapa - 2019

strategically as their home value falls below the mortgage value (exercise the put option to default on their first mortgage). While … current but stand behind a seriously delinquent first mortgage, are subject to a high risk of default. On the other hand … that the various mortgage loss mitigation programs also play a role in providing incentives for homeowners to default on …

Persistent link: https://www.econbiz.de/10012905985

Preface To : Subprime Mortgages, Market Impact, and Safety Nets

Watson, Ronald D. - 2009

The US financial system is undergoing a painful restructuring as credit losses originating in the mortgage finance … for housing, low interest rates, innovations in mortgage lending and securitization, and a breakdown in credit quality …

Persistent link: https://www.econbiz.de/10013155454

Subprime Mortgage Default in Minority Neighborhoods

Connolly, Robert A. - 2016

In this paper, we empirically examine differences in subprime borrower default decisions by Census tract characteristics in order to clarify how the subprime foreclosure crisis played out in minority areas. An innovation in our modeling approach is that we do not constrain the impact of...

Persistent link: https://www.econbiz.de/10012988155

The Impact of Lending Standards on Default Rates of Residential Real-Estate Loans

Gaudêncio, João - 2019

This paper analyses the impact of lending standards for residential real estate (RRE) loans on default rates, using a novel loan-level dataset from the European DataWarehouse (EDW) that covers eight euro area countries. To the best of the authors' knowledge, this paper is the first to use, for...

Persistent link: https://www.econbiz.de/10012890273

Impact of Mortgage Soft Information in Loan Pricing on Default Prediction using Machine Learning

Luong, Mai; Scheule, Harald (Harry); Wanzare, Nitya - 2022

We analyse the impact of soft information on US mortgages for default prediction and provide a new measure for lender soft information that is based on the interest rates offered to borrowers and incremental to public hard information. Hard and soft information provide for a variation in annual...

Persistent link: https://www.econbiz.de/10014236050

The impact of lending standards on default rates of residential real estate loans

Gaudêncio, João; Mazany, Agnieszka; Schwarz, Claudia - 2019

Persistent link: https://www.econbiz.de/10011988415