Credit scoring, statistical techniques and evaluation criteria: a review of the literature
HA Abdou, J Pointon - Intelligent systems in accounting …, 2011 - Wiley Online Library
Credit scoring has been regarded as a core appraisal tool of different institutions during the
last few decades and has been widely investigated in different areas, such as finance and …
last few decades and has been widely investigated in different areas, such as finance and …
Racial segregation and the American foreclosure crisis
The rise in subprime lending and the ensuing wave of foreclosures was partly a result of
market forces that have been well-identified in the literature, but it was also a highly …
market forces that have been well-identified in the literature, but it was also a highly …
How to deal with real estate booms: Lessons from country experiences
The financial crisis showed, once again, that neglecting real estate booms can have
disastrous consequences. In this paper, we spell out the circumstances under which a more …
disastrous consequences. In this paper, we spell out the circumstances under which a more …
The rise in mortgage defaults
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 …
subsequently began to deteriorate rapidly. Mortgage defaults and delinquencies are …
Loan originations and defaults in the mortgage crisis: The role of the middle class
This paper highlights the importance of middle-class and high-FICO borrowers for the
mortgage crisis. Contrary to popular belief, which focuses on subprime and poor borrowers …
mortgage crisis. Contrary to popular belief, which focuses on subprime and poor borrowers …
Can't pay or won't pay? Unemployment, negative equity, and strategic default
This paper uses new data from the PSID to quantify the relative importance of negative
equity versus ability to pay, in driving mortgage defaults between 2009 and 2013. These …
equity versus ability to pay, in driving mortgage defaults between 2009 and 2013. These …
What moves housing markets: A variance decomposition of the rent–price ratio
SD Campbell, MA Davis, J Gallin, RF Martin - Journal of Urban Economics, 2009 - Elsevier
We apply the dynamic Gordon growth model to the housing market in 23 US metropolitan
areas, the four Census regions, and the nation from 1975 to 2007. The model allows the rent …
areas, the four Census regions, and the nation from 1975 to 2007. The model allows the rent …
Housing busts and household mobility
Using two decades of American Housing Survey data from 1985 to 2007, we revisit the
literature on lock-in effects and provide new estimates of the impacts of negative equity and …
literature on lock-in effects and provide new estimates of the impacts of negative equity and …
Homeownership and the American dream
LS Goodman, C Mayer - Journal of Economic Perspectives, 2018 - aeaweb.org
For decades, it was taken as a given that an increased homeownership rate was a desirable
goal. But after the financial crises and Great Recession, in which roughly eight million …
goal. But after the financial crises and Great Recession, in which roughly eight million …
Real estate investors, the leverage cycle, and the housing market crisis
We explore a mostly undocumented but important dimension of the housing market crisis:
the role played by real estate investors. Using unique credit-report data, we document large …
the role played by real estate investors. Using unique credit-report data, we document large …