Cost-benefit analysis of single-family f
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Brent W. Ambrose; Charles A. Capone
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Article
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1996
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Springer US
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English
β 1021 KB
Over the last ten years, single-family mortgage lenders have become more aware of the financial benefits of finding alternatives to foreclosure for borrowers who default on their mortgage obligations. In this article, expected costs of foreclosure alternatives are parametefized to solve for minimum