John Campbell, Howell Jackson, Brigitte Madrian, Peter Tufano
•
August 31, 2010
MF10-12: The recent financial crisis has led many to question how well businesses deliver consumer financial services and how well regulatory institutions address…
MF10-15: This paper examines mortgage credit markets and the need for government intervention to protect and advance the public interest. We identify as rationales for…
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…
Raphael Bostic, Kathleen Engel, Patricia McCoy, Anthony Pennington-Cross, Susan Wachter
•
February 1, 2008
UCC08-9: The subprime mortgage market, which consists of high-cost loans designed for borrowers with weak credit, has grown tremendously over the past ten years. Between…
W05-4: This paper develops and applies a method for producing constant quality rent indexes and inflation estimates for different segments of the rental housing stock.…
W05-2: The property tax on housing is a major component of local government revenues and of consumers’ housing costs. This study uses newly available data from the 2001…
W04-7: Operating costs are an important, but not much studied component of apartment financial performance. This paper establishes an economic framework for interpreting…
Raphael Bostic, Paul Calem, Susan Wachter
•
February 5, 2004
BABC 04-5: There is a broad consensus regarding the benefits of homeownership, which include wealth accumulation and improvements along social and personal dimensions.…