Mortgage Modifications after the Great Recession: New Evidence and Implications for Policy

Farrell, Diana; Bhagat, Kanav; Ganong, Peter; Noel, Pascal

doi:10.2139/ssrn.3083560

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Variation In Payment Reduction Between Government-subsidized1

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Cited by 20 publications

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“…The mix of other modification characteristics also changed at the cuto , though these not have a single payment reduction target, but Farrell et al (2017) show that the GSE program e ectively targeted a payment reduction of about 25 percent. While the HAMP program ended in December 2016, both the Chase and GSE modification programs described in this section are ongoing and their rules are subject to change.…”

Section: Variation In Payment Reduction Between Government-subsidizedmentioning

confidence: 99%