Borrower Protection and the Supply of Credit: Evidence from Foreclosure Laws

Borrower Protection and the Supply of Credit: Evidence from Foreclosure Laws
Laws governing the foreclosure process can have direct consequences on the costs offoreclosure and could therefore affect lending decisions. We exploit the heterogeneity inthe judicial requirements across U.S. states to examine their impact on banks' lendingdecisions in a sample of urban areas straddling state borders. A key feature of our study... READ MORE...

Publication date: November 2014
ISBN 9781498367875
$18.00

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