Zero Down Payment Mortgage Default

Austin Kelly

No 07-05, FHFA Staff Working Papers from Federal Housing Finance Agency

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.

Pages: 44 pages
Date: 2007-09
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Citations: View citations in EconPapers (5)

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Working Paper: Zero down payment mortgage default (2007)
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