Finding business news at the bankruptcy court
…for trends in personal bankruptcy cases. Are there a lot of people filing in your community because they overextended themselves by purchasing a home with a mortgage that they can’t…
…for trends in personal bankruptcy cases. Are there a lot of people filing in your community because they overextended themselves by purchasing a home with a mortgage that they can’t…
Expert Commentary
Facebook Twitter LinkedIn Reddit Email Following the onset of the U.S. mortgage crisis, the federal government initiated the 2009 Home Affordable Modification Program (HAMP), which was intended to encourage loan…
Expert Commentary
…show that several specific types of tax policies help promote mobility. These include: more progressive state income taxes; mortgage interest deductions for homeowners; and state EITC policies. Overall, the data…
Expert Commentary
…frictions” on household mobility: rising mortgage rates, high property taxes, and “underwater” mortgages. Finally, “Why Has Regional Income Convergence in the U.S. Stopped? Zoning and Inequality,” a 2012 study from…
Expert Commentary
…consumption spending accounts for about 70 percent of GDP. From the second to the third quarter of 2011, household consumption fell $2.4 trillion…. The 30-year conventional fixed-rate mortgage spread over…
Expert Commentary
…lawsuit on the 2007 failure of Bear Stearns — it cites emails in which Standard & Poor’s personnel admit that high-quality ratings they provided on risky mortgage bonds were a…
Expert Commentary
…a person who needs to figure out how to find daycare for my kids, if I’m going to make it to the office on time, if my mortgage is going…
Expert Commentary
…Leguizamon of Vanderbilt, and Susane Leguizamon of the University of Kentucky — to use household level information including income, number of children and mortgage payments, to construct their estimates instead…
Expert Commentary
…and mortgage payments, to construct their estimates. Children of same-sex parents. A significant volume of social science and psychological research continues to be published examining the question of how a…
Expert Commentary
…the white rate, and black workers were crowded into the lowest-skilled and least-well-paid occupations. “Redlining” by mortgage lenders restricted the areas in which black urban dwellers could live, resulting in…
Expert Commentary