Journal Article

Some closure on foreclosures?


Abstract: Contrary to popular perception, the foreclosure process can be very costly for a lender?it remains a puzzle as to why such large numbers of mortgages in default enter into foreclosure in the first place.

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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/11/ES1122.pdf

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2011

Order Number: 22