When Does Delinquency Result in Neglect ? Mortgage Distress and Property Maintenance

@inproceedings{LambieHanson2013WhenDD,
  title={When Does Delinquency Result in Neglect ? Mortgage Distress and Property Maintenance},
  author={Lauren Lambie-Hanson},
  year={2013}
}
  • Lauren Lambie-Hanson
  • Published 2013
Studies of foreclosure externalities have overwhelmingly focused on the impact of forced sales on the value of nearby properties, typically finding modest evidence of foreclosure spillovers. However, many quality-of-life issues posed by foreclosures may not be reflected in nearby sale prices. This paper uses new data from Boston on constituent complaints and requests for public services made to City government departments, matched with loan-level data, to examine the timing of foreclosure… CONTINUE READING
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