Financially constrained mortgage servicers
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DOI: 10.1016/j.jfineco.2021.09.026
Abstract: Abstract Financially constrained mortgage servicers destroyed substantial MBS investor value during the financial crisis through their management of delinquent mortgages. Servicers advance to investors monthly payments missed by borrowers. In order to minimize this obligation… read more here.
Keywords: financially constrained; mortgage; constrained mortgage; investor ... See more keywords