Foreclosed American Dream? Parental Foreclosure and Young Adult Children’s Homeownership
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Family and Economic Issues"
DOI: 10.1007/s10834-020-09665-0
Abstract: In this study, I investigated the homeownership decisions of young adult children who experienced parental foreclosure. Results from a linear probability model using data from the Panel Study of Income Dynamics showed that young adults… read more here.
Keywords: young adult; parental foreclosure; foreclosed american; adult children ... See more keywords
Securitization and optimal foreclosure
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Intermediation"
DOI: 10.1016/j.jfi.2020.100885
Abstract: Abstract Does securitization distort the foreclosure decisions of non-performing mortgages? In a model of mortgage-backed securitization with an endogenous foreclosure policy, we find that the securitizing bank adopts a tougher foreclosure policy than the first-best,… read more here.
Keywords: mortgage; foreclosure; securitization; optimal foreclosure ... See more keywords
Neighborhood Affordability and Housing Market Resilience
Sign Up to like & getrecommendations! Published in 2019 at "Journal of the American Planning Association"
DOI: 10.1080/01944363.2019.1647793
Abstract: Abstract Problem, research strategy, and findings: Although many researchers have examined factors associated with vulnerability to foreclosure, few have investigated the role neighborhood affordability plays in foreclosures in metropolitan areas. In this study, we examine… read more here.
Keywords: neighborhood affordability; resilience; housing; foreclosure ... See more keywords
Neighborhood crime, the housing crisis, and geographic space: Disentangling the consequences of foreclosure and vacancy
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Urban Affairs"
DOI: 10.1080/07352166.2017.1310558
Abstract: ABSTRACT In the wake of the U.S. housing crisis, a flurry of research has examined the consequences of foreclosure for crime, and much of the literature suggests that foreclosure impacts crime through vacancy. We suggest… read more here.
Keywords: housing crisis; foreclosure vacancy; foreclosure; neighborhood ... See more keywords
Does Foreclosure Prevention Counseling Work?
Sign Up to like & getrecommendations! Published in 2019 at "Housing Policy Debate"
DOI: 10.1080/10511482.2019.1568278
Abstract: ABSTRACT The United States experienced its worst housing market collapse since the Great Depression during 2006–2010. This collapse triggered the Great Recession. During the housing market collapse and the Great Recession, about 5.5 million homeowners… read more here.
Keywords: foreclosure prevention; foreclosure; housing market; prevention counseling ... See more keywords
From REO to Ruin: Post-Foreclosure Pathways and the Production of Decline in Detroit, Michigan
Sign Up to like & getrecommendations! Published in 2020 at "Housing Policy Debate"
DOI: 10.1080/10511482.2020.1725094
Abstract: ABSTRACT Although much has been written about the localized impacts of foreclosed properties, few studies have examined the role of the main actors handling mortgage-reverted properties, particularly the parties responsible for their disposition. Fewer still… read more here.
Keywords: ruin post; reo ruin; foreclosure; detroit michigan ... See more keywords
Examining the Role of Neighborhood-Level Foreclosure in Smoking and Alcohol Use Among Older Adults in the Multi-Ethnic Study of Atherosclerosis
Sign Up to like & getrecommendations! Published in 2018 at "American Journal of Epidemiology"
DOI: 10.1093/aje/kwy075
Abstract: The US Great Recession resulted in an alarming number of home foreclosures that weakened the social and physical environment of thousands of neighborhoods. Few studies have evaluated whether these neighborhood changes were related to changes… read more here.
Keywords: neighborhood level; level foreclosure; foreclosure; smoking alcohol ... See more keywords