Journal Article
The Dynamics of Mortgage Debt in Default
Abstract: Rapid declines in house prices, negative home equity, and the number of households in default all contributed to the dramatic increase in mortgage defaults during the Great Recession.
Access Documents
File(s):
File format is application/pdf
https://research.stlouisfed.org/publications/economic-synopses/2016-02-10/the-dynamics-of-mortgage-debt-in-default.pdf
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2016
Issue: 3
Order Number: 1-3