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Keyword: mortgage arrears;
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At their peak in 2005, roughly 60 percent of all purchase mortgage loans originated in the United States contained at least one non-traditional feature. These features, which allowed borrowers easier access to credit thr...Read more...
Jane K. Dokko, Benjamin J. Keys and Lindsay E. Relihan
28 March 2019
This paper examines the impact of the combined U.S. state and federal mortgage interest deduction (MID) on homeownership attainment, using data from 1984 to 2007 and exploiting variation in the subsidy across states, ove...Read more...
Christian A. L. Hilber and Tracy M. Turner
This paper presents new models for aggregate UK data on mortgage possessions (foreclosures) and mortgage arrears (payment delinquencies). The innovations include the treatment of difficult to observe variations in loan q...Read more...
Janine Aron and John Muellbauer