Journal Real Estate Economics

-
1,312 articles
Page of 132
Articles per Page
by
Stephen L. Buschbom, James B. Kau, Donald C. Keenan, Constantine Lyubimov
Real Estate Economics; doi:10.1111/1540-6229.12237

Abstract:This paper constructs a model of mortgage delinquency which tests the extent to which borrowers anticipate a loan modification resulting from such a delinquency. Using a sample of modified loans from commercial mortgage-backed securities (CMBS), we estimate the present value of modified cash flows and project modification benefits each month for all CMBS loans which serve to proxy for a borrower's anticipation of a beneficial modification. Our results confirm a borrower's anticipation of a modification increases the delinquency hazard, and supports the theory that borrower delinquency is strategically endogenous.
Taggert J. Brooks, BRAD R. HUMPHREYS, Adam NOWAK
Real Estate Economics; doi:10.1111/1540-6229.12236

The publisher has not yet granted permission to display this abstract.
Johannes Strobel, Binh Nguyen Thanh, Gabriel Lee
Real Estate Economics; doi:10.1111/1540-6229.12232

The publisher has not yet granted permission to display this abstract.
Alexander Bogin, William Doerner, William Larson
Real Estate Economics; doi:10.1111/1540-6229.12233

The publisher has not yet granted permission to display this abstract.
Honglin Wang, Fan Yu, Yinggang Zhou
Real Estate Economics; doi:10.1111/1540-6229.12235

The publisher has not yet granted permission to display this abstract.
Kuo‐Shing Chen, J. Jimmy Yang
Real Estate Economics; doi:10.1111/1540-6229.12230

The publisher has not yet granted permission to display this abstract.
Patrick S. Smith, Crocker H. Liu
Real Estate Economics; doi:10.1111/1540-6229.12231

The publisher has not yet granted permission to display this abstract.
Timothy Riddiough, Eva Steiner
Real Estate Economics; doi:10.1111/1540-6229.12226

The publisher has not yet granted permission to display this abstract.
Rogier Holtermans, Nils Kok
Real Estate Economics; doi:10.1111/1540-6229.12223

The publisher has not yet granted permission to display this abstract.
Page of 132
Articles per Page
by

Refine Search

Authors

New Search

Advanced search