This article reviews the surge in research on mortgage default inspired by the recent
foreclosure crisis. Economists already understood a great deal about default, both …

The purpose of this article is to review and synthesize literature about low-income and
minority households' experience with homeownership and to assess the extent to which …

Household finance—the normative and positive study of how households use financial
markets to achieve their objectives—has gained a lot of attention over the past decade and …

We conduct a within-county analysis using detailed ZIP code—level data to document new
findings regarding the origins of the biggest financial crisis since the Great Depression. The …

A central question surrounding the current subprime crisis is whether the securitization
process reduced the incentives of financial intermediaries to carefully screen borrowers. We …

Credit Scoring and Its Applications, Second Edition : Back Matter Page 1 Bibliography [1]
Acharya, VV, Bharath, ST, and Srinivasan, A. (2007) Does industry-wide distress affect …

Using loan-level data, we analyze the quality of subprime mortgage loans by adjusting their
performance for differences in borrower characteristics, loan characteristics, and …

This paper uses data on all house transactions in Massachusetts over the last 20 years to
show that houses sold after foreclosure, or close in time to the death or bankruptcy of a …

The first hints of trouble in the mortgage market surfaced in mid-2005, and conditions
subsequently began to deteriorate rapidly. Mortgage defaults and delinquencies are …

By Ronel Elul, Nicholas S. Souleles, Souphala Chomsisengphet, Dennis Glennon, and
Robert Hunt* position. For someone who is very illiquid, it can be costly to wait for house …