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Urban Studies and Planning Commons

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Full-Text Articles in Urban Studies and Planning

Responding To Foreclosures In Cuyahoga County, 2010 Evaluation Report January 1, 2010 Through December 31, 2010, Kathryn W. Hexter, Molly Schnoke Jan 2011

Responding To Foreclosures In Cuyahoga County, 2010 Evaluation Report January 1, 2010 Through December 31, 2010, Kathryn W. Hexter, Molly Schnoke

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


In Or Out Of Mortgage Trouble? A Study Of Bankrupt Homeowners, Melissa B. Jacoby, Daniel T. Mccue, Eric M. Belsky Dec 2010

In Or Out Of Mortgage Trouble? A Study Of Bankrupt Homeowners, Melissa B. Jacoby, Daniel T. Mccue, Eric M. Belsky

Melissa B. Jacoby

We examine the determinants of missed payments and foreclosure initiation among a national sample of homeowners who filed for personal bankruptcy in 2007, using a rich dataset from the 2007 Consumer Bankruptcy Project.

Credit access had a significant effect on keeping mortgages current across all of our models: access to, and reliance on, credit cards reduced the chance of missed payments and default, increasing the likelihood that bankruptcy could produce a fresh start. Missed mortgage payments also were associated with a substantial drop in income and with the use of a mortgage broker. The probability of foreclosure initiation was lower …


2011 Planetizen Blog Posts, Michael Lewyn Dec 2010

2011 Planetizen Blog Posts, Michael Lewyn

Michael E Lewyn

Blog posts on urban and suburban issues, originally at planetizen.com