Explaining Mortgage Defaults Using SHAP and LASSO
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DOI: 10.1007/s10614-024-10763-6
Abstract: We utilize machine learning methods to model the credit risk of mortgages in a significant emerging market. For this purpose, we investigate a multitude of variables that explain the characteristics of the loans, the demographics… read more here.
Keywords: mortgage defaults; explaining mortgage; defaults using; mortgage ... See more keywords
House price dynamics and mortgage defaults: the role of recourse
Sign Up to like & getrecommendations! Published in 2025 at "Regional Studies"
DOI: 10.1080/00343404.2025.2549592
Abstract: ABSTRACT This paper investigates the relationship between house prices and mortgage defaults in recourse and non-recourse US metropolitan areas. The theoretical analysis shows that shocks to house price returns have a stronger effect on defaults… read more here.
Keywords: mortgage defaults; house price; recourse; house ... See more keywords