EconPapers    
Economics at your fingertips  
 

Europe may provide lessons on preventing mortgage defaults

Juan Hatchondo, Leonardo Martinez and Juan Sanchez

The Regional Economist, 2013, issue July

Abstract: During the last global recession, house prices fell in some European countries almost as much as in some U.S. states. However, mortgage defaults occurred at a much lower rate in Europe. The authors say the difference might be explained by two regulations that apply in Europe but are used on a limited or much less restrictive basis in the U.S.

Keywords: Europe; Mortgage loans; Default (Finance) (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
https://www.stlouisfed.org/~/media/Files/PDFs/publ ... ortgage_defaults.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlre:y:2013:i:july:x:1

Ordering information: This journal article can be ordered from
https://research.stlouisfed.org/publications/

Access Statistics for this article

More articles in The Regional Economist from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Anna Oates ().

 
Page updated 2019-11-15
Handle: RePEc:fip:fedlre:y:2013:i:july:x:1