Matches in SemOpenAlex for { <https://semopenalex.org/work/W3145458610> ?p ?o ?g. }
Showing items 1 to 63 of
63
with 100 items per page.
- W3145458610 abstract "Previous research has focused on equity as a prime determinant of mortgage default propensities. This paper extends the analysis of mortgage default to include mortgages that require no down payment from the purchaser. A continuous time hazard model is used to estimate the conditional probability of a serious delinquency, or a claim, as a function of a host of standard control variables, and indicators for the presence and source of the down payment. The data consist of a nationally representative random sample of about 5,000 FHA insured single family mortgages endorsed in Fiscal Years 2000, 2001, and 2002, observed through September 30, 2006, and samples of about 1,000 FHA loans each from the Atlanta, Indianapolis, and Salt Lake City MSAs in the same time period. The results indicate that borrowers who provide down payments from their own resources have significantly lower default propensities than do borrowers whose down payments come from relatives, government agencies, or non-profits. Borrowers with down payments from seller-funded non-profits, who make no down payment at all, have the highest default rates. Additionally, borrowers who do not make down payments from their own resources tend to have higher loss given default in the small subset of loans that had completed the property disposition process." @default.
- W3145458610 created "2021-04-13" @default.
- W3145458610 creator A5025695663 @default.
- W3145458610 date "2007-01-01" @default.
- W3145458610 modified "2023-09-23" @default.
- W3145458610 title "Zero down payment mortgage default" @default.
- W3145458610 hasPublicationYear "2007" @default.
- W3145458610 type Work @default.
- W3145458610 sameAs 3145458610 @default.
- W3145458610 citedByCount "0" @default.
- W3145458610 crossrefType "posted-content" @default.
- W3145458610 hasAuthorship W3145458610A5025695663 @default.
- W3145458610 hasConcept C10138342 @default.
- W3145458610 hasConcept C144133560 @default.
- W3145458610 hasConcept C145097563 @default.
- W3145458610 hasConcept C162118730 @default.
- W3145458610 hasConcept C162324750 @default.
- W3145458610 hasConcept C175444787 @default.
- W3145458610 hasConcept C17744445 @default.
- W3145458610 hasConcept C199539241 @default.
- W3145458610 hasConcept C199728807 @default.
- W3145458610 hasConcept C2780202544 @default.
- W3145458610 hasConcept C29122968 @default.
- W3145458610 hasConcept C69637215 @default.
- W3145458610 hasConceptScore W3145458610C10138342 @default.
- W3145458610 hasConceptScore W3145458610C144133560 @default.
- W3145458610 hasConceptScore W3145458610C145097563 @default.
- W3145458610 hasConceptScore W3145458610C162118730 @default.
- W3145458610 hasConceptScore W3145458610C162324750 @default.
- W3145458610 hasConceptScore W3145458610C175444787 @default.
- W3145458610 hasConceptScore W3145458610C17744445 @default.
- W3145458610 hasConceptScore W3145458610C199539241 @default.
- W3145458610 hasConceptScore W3145458610C199728807 @default.
- W3145458610 hasConceptScore W3145458610C2780202544 @default.
- W3145458610 hasConceptScore W3145458610C29122968 @default.
- W3145458610 hasConceptScore W3145458610C69637215 @default.
- W3145458610 hasLocation W31454586101 @default.
- W3145458610 hasOpenAccess W3145458610 @default.
- W3145458610 hasPrimaryLocation W31454586101 @default.
- W3145458610 hasRelatedWork W1492492849 @default.
- W3145458610 hasRelatedWork W1495232154 @default.
- W3145458610 hasRelatedWork W1972405423 @default.
- W3145458610 hasRelatedWork W2132253363 @default.
- W3145458610 hasRelatedWork W2161798513 @default.
- W3145458610 hasRelatedWork W2226679018 @default.
- W3145458610 hasRelatedWork W223429050 @default.
- W3145458610 hasRelatedWork W2290899054 @default.
- W3145458610 hasRelatedWork W2374436733 @default.
- W3145458610 hasRelatedWork W2385211141 @default.
- W3145458610 hasRelatedWork W2428396036 @default.
- W3145458610 hasRelatedWork W2586687367 @default.
- W3145458610 hasRelatedWork W2768105270 @default.
- W3145458610 hasRelatedWork W2777419835 @default.
- W3145458610 hasRelatedWork W3125685253 @default.
- W3145458610 hasRelatedWork W3125805341 @default.
- W3145458610 hasRelatedWork W3136514041 @default.
- W3145458610 hasRelatedWork W3159826404 @default.
- W3145458610 hasRelatedWork W66893184 @default.
- W3145458610 hasRelatedWork W2129818294 @default.
- W3145458610 isParatext "false" @default.
- W3145458610 isRetracted "false" @default.
- W3145458610 magId "3145458610" @default.
- W3145458610 workType "article" @default.