Access the full text.
Sign up today, get DeepDyve free for 14 days.
Patrick Bauer (1985)
Judicial Foreclosure and Statutory Redemption: The Soundness of Iowa’s Traditional Preference for Protection Over CreditIowa Law Review, 71
D. Capozza, T. Thomson (2006)
Subprime Transitions: Lingering or Malingering in Default?The Journal of Real Estate Finance and Economics, 33
M Qi, Y Xiaolong (2009)
Loss given default of high loan-to-value residential mortgagesJournal of Banking & Finance, 33
(1937)
Foreclosure methods and costs : a revaluation
Terrence Clauretie, T. Herzog (1990)
The Effect of State Foreclosure Laws on Loan Losses: Evidence from the Mortgage Insurance IndustryJournal of Money, Credit and Banking, 22
(2008)
Interventions in mortgage default: Policies and practices to prevent home
Karen Pence (2003)
Foreclosing on Opportunity: State Laws and Mortgage CreditReview of Economics and Statistics, 88
Atif Mian, Amir Sufi, Francesco Trebbi (2011)
Foreclosures, House Prices, and the Real EconomyERN: Analytical Models (Topic)
P. Calem, Kevin Gillen, Susan Wachter (2003)
The Neighborhood Distribution of Subprime Mortgage LendingThe Journal of Real Estate Finance and Economics, 29
Giang Ho, A. Pennington‐Cross (2007)
The Varying Effects of Predatory Lending Laws on High-Cost Mortgage ApplicationsCanadian Parliamentary Review, 89
Mark Meador (1982)
The effects of mortgage laws on home mortgage ratesJournal of Economics and Business, 34
(2000)
Residential mortgage lending: State regulation manual
Raphael Bostic, Kathleen Engel, P. McCoy, A. Pennington‐Cross, Susan Wachter (2007)
State and Local Anti-Predatory Lending Laws: The Effect of Legal Enforcement MechanismsLSN: Empirical Studies (Topic)
David Bridewell (1938)
The Effects of Defective Mortgage Laws on Home FinancingLaw and contemporary problems, 5
G Ho, A Pennington-Cross (2007)
The varying effects of predatory lending laws on high-cost mortgage applicationsFederal Reserve Bank of St. Louis Review, 89
A. Pennington‐Cross (2008)
The Duration of Foreclosures in the Subprime Mortgage Market: A Competing Risks Model with MixingThe Journal of Real Estate Finance and Economics, 40
(2007)
Foreclosures: Defenses, workouts, and mortgage servicing
R. Mclean (2009)
Subprime Mortgages: America's Latest Boom and BustBusiness Economics, 44
(1989)
State foreclosure laws , risk shifting , and the PMI industry
Giang Ho, A. Pennington‐Cross (2006)
Predatory Lending Laws and the Cost of CreditERN: Regulation (IO) (Topic)
Michael Schill (1991)
An Economic Analysis of Mortgagor Protection LawsVirginia Law Review, 77
Steven Wechsler (1985)
Through the Looking Glass: Foreclosure by Sale as De Facto Strict Foreclosure-An Empirical Study of Mortgage Foreclosure and Subsequent ResaleCornell Law Review, 70
Andra Ghent, Marianna Kudlyak (2011)
Recourse and residential mortgage default: Evidence from US statesReview of Financial Studies, 24
Foreclosure procedures in some states are considerably swifter and less costly for lenders than in others. In light of the foreclosure crisis, an empirical understanding of the effect of foreclosure procedures on the mortgage market is critical. This study finds that lender-favorable foreclosure procedures are associated with more lending activity in the subprime market. The study uses hand-coded state foreclosure law variables to construct a numerical index measuring the favorability of state foreclosure laws to lenders. Mortgage origination data from state-border areas shows that lender-friendly foreclosure is associated with an increase in subprime originations, but has less effect on the prime market.
The Journal of Real Estate Finance and Economics – Springer Journals
Published: Aug 11, 2013
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.