Refinance and Mortgage Default: A Regression Discontinuity Analysis of HARP’s Impact on Default Rates

This paper examines the impact of refinancing on mortgage defaults based on an empirical investigation of the Home Affordable Refinance Program (HARP). We study a unique dataset from Freddie Mac which includes loans funded right before and after the HARP eligibility cutoff date, an exogenous event....

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	The journal of real estate finance and economics 2017-11, Vol.55 (4), p.457-475
Hauptverfasser:	Karamon, Kadiri, McManus, Douglas, Zhu, Jun
Format:	Artikel
Sprache:	eng
Schlagworte:	Default Discontinuity Economics Economics and Finance Financial Services Loans Mortgages Refinancing Regional/Spatial Science
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!