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Boston Fed: Negative Equity and Foreclosure

Submitted by Admin on Fri, 06/13/2008 - 12:16am.

New research paper with some important conclusions about the percentage of foreclosures among homeowners with negative equity. From Christopher L. Foote, Kristopher Gerardi, and Paul S. Willen at the Boston Fed: Negative Equity and Foreclosure: Theory and Evidence


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