This paper empirically and theoretically analyzes the effect of debt reductions that reduce long-term but not short-term obligations. Isolating the effect of future…
W10-1: The negative impacts of concentrated foreclosures have been destabilizing communities across the country. Community development corporations (CDCs) and other…
At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…