January 18, 2017
Wednesday’s Academic Roundup
- This article titled, Foreclosure Sales and Recourse, documents the imbalance of foreclosure sales with respect to recourse laws applied to primary mortgages in the U.S. using geographic state borders as exogenous variation combined with individual transaction data located close to the border.
- A paper titled, Public Investment and Housing Price Appreciation; Evidence from the Neighborhood Stabilization Program, assesses impact of the Neighborhood Stabilization Program (NSP), a federal program designed to convert foreclosed properties into renovated affordable housing through public investment.
- This paper, titled Effects of FHA Loan Limit Increases by ESA 2008: Housing Demand and Adverse Selection, examines the impacts of changes in the Federal Housing Administration (FHA) insured loan limit in response to the Economic Stimulus Act (ESA) of 2008.