Collateral Damage: Refinancing Constraints and Regional Recessions
- 1 November 1997
- journal article
- Published by JSTOR in Journal of Money, Credit and Banking
- Vol. 29 (4) , 496
- https://doi.org/10.2307/2953710
Abstract
In the current structure of the U.S. residential mortgage market, a decrease in property values may make it very difficult for homeowners to refinance their mor...Keywords
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