Paper – Foreclosure Sales and Recourse
Westrupp, Victor, Foreclosure Sales and Recourse. (September 15, 2016). Available for download at SSRN: https://ssrn.com/abstract=2893468 “I document 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. Under a regression discontinuity …