• Economics
  • Published 2007

Home Ownership Risk Beyond a Subprime Crisis: The Role of Delinquency Management

@inproceedings{Jacoby2007HomeOR,
  title={Home Ownership Risk Beyond a Subprime Crisis: The Role of Delinquency Management},
  author={Melissa B. Jacoby},
  year={2007}
}
Public investment in and promotion of homeownership and the home mortgage market often relies on three justifications to supplement shelter goals: to build household wealth and economic self-sufficiency, to generate positive social-psychological states, and to develop stable neighborhoods and communities. Homeownership and mortgage obligations do not inherently further these objectives, however, and sometimes undermine them. The most visible triggers of the recent surge in subprime delinquency… CONTINUE READING

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Jacoby , Bankruptcy Reform and Homeownership Risk ,

  • B. SeeMelissa
  • 2007