Texas Foreclosure Manual, Third Edition PDF Download

Author: William H. Locke
Publisher:
ISBN: 9781938873065
Category : Foreclosure
Languages : en
Pages : 1198

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Author: Christopher Foote
Publisher: DIANE Publishing
ISBN: 1437928773
Category : Law
Languages : en
Pages : 53

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Book Description
Takes a skeptical look at a leading argument about what is causing the foreclosure crisis and what should be done to stop it. The authors focus on two key decisions: the borrower's choice to default on a mortgage and the lender's subsequent choice whether to renegotiate or modify the loan. Unaffordable loans, defined as those with high mortgage payments relative to income at origination, are unlikely to be the main reason that borrowers decide to default. The efficiency of foreclosure for investors is a more plausible explanation for the low number of modifications to date. Policies designed to reduce foreclosures should focus on ameliorating the effects of job loss rather than modifying loans to make them more affordable on a long-term basis. Illustrations.

Author: Juan Carlos Hatchondo
Publisher: International Monetary Fund
ISBN: 1463954778
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
This paper incorporates house price risk and mortgages into a standard incomplete market (SIM) model. The model is calibrated to match U.S. data and accounts for non-targeted features of the data such as the distribution of down payments, the life-cycle profile of home ownership, and the mortgage default rate. The average coefficients that measure the agents' ability to self-insure against income shocks are similar to those of a SIM model without housing but housing increases the values of these coefficients for younger agents. The response of consumption to house price shocks is minimal. The introduction of minimum down payments or income garnishment benefits a majority of the population.

Author: Denis R. Caron
Publisher:
ISBN: 9781628810356
Category : Foreclosure
Languages : en
Pages : 0

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Author: Mr.Jochen R. Andritzky
Publisher: International Monetary Fund
ISBN: 1498322344
Category : Business & Economics
Languages : en
Pages : 37

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Book Description
In housing crises, high mortgage debt can feed a vicious circle of falling housing prices and declining consumption and incomes, leading to higher mortgage defaults and deeper recessions. In such situations, resolution policies may need to be adapted to help contain negative feedback loops while minimizing overall loan losses and moral hazard. Drawing on recent experiences from Iceland, Ireland, Spain, and the United States, this paper discusses how economic trade-offs affecting mortgage resolution differ in crises. Depending on country circumstances, the economic benefits of temporary forbearance and loan modifications for struggling households could outweigh their costs.

Author: Damon M. Ellis
Publisher:
ISBN: 9781630434335
Category : Foreclosure
Languages : en
Pages : 174

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Author:
Publisher:
ISBN: 9781602482104
Category : Consumer credit
Languages : en
Pages : 0

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Author: Paul H. Schultz
Publisher: MIT Press
ISBN: 0262028034
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
Leading scholars, along with regulators and practitioners, discuss Dodd-Frank and financial regulation. The origins of the Dodd-Frank Act in the financial crisis and the legislative process that produced it are described. Systemic risk and the problem of too-big-to-fail institutions are explained. Salient features of the Act, including new rules for mortgage origination and securitisation, central clearing of derivatives, the Volcker Rule, the creation of the CFPB and the FSOC, the conflict minerals rule, and new rules for resolving troubled financial institutions are discussed.

Author: Gilles Duranton
Publisher: Elsevier
ISBN: 0444595406
Category : Business & Economics
Languages : en
Pages : 967

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Book Description
Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional subjects such as housing, the costs and benefits of cities, and policy issues beyond regional inequalities. Contributors make a habit of combining theory and empirics in each chapter, guiding research amid a trend in applied economics towards structural and quasi-experimental approaches. Clearly distinguished from the New Economic Geography covered by Volume 4, these articles feature an international approach that positions recent advances within the discipline of economics and society at large. Editors are recognized as leaders and can attract an international list of contributors Regional and urban studies interest economists in many subdisciplines, such as labor, development, and public economics Table of contents combines theoretical and applied subjects, ensuring broad appeal to readers

Author: Bruce J. Bergman
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages :

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