The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Parag Pathak, John Campbell, Stefano Giglio
•
May 1, 2009
W09-4: This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to…
UCC08-15: We find that the foreclosure process varies widely across states and that the costs associated with foreclosure rise significantly with the length of the…
Amy Crews Cutts, Richard Green
•
February 19, 2004
BABC 04-19: Technological innovations in the mortgage industry have had profound impacts on every step in the homeownership process. Much of the literature has focused…