Reverse mortgages allow elderly homeowners to unlock and consume home equity without
leaving their homes. Relative to the number of elderly homeowners with limited financial …

Small and medium-sized enterprises (SMEs) in Asia are frequently hailed as the backbone
of the economies. However, the SMEs usually have severe difficulties with raising money …

The primary goal of this article is to inform assumptions used by researchers and
policymakers to model the demand for and takeup of reverse mortgages. Our article …

Abstract Home Equity Conversion Mortgages (“HECMs”) implicitly bundle nondefaultable
credit lines with put options that let borrowers, or their heirs, sell mortgaged homes for the …

In this article we identify 11 contemporary housing market and policy trends that will frame
the next 10 years of federal housing policy. In each case, we review the relevant numbers …

From the perspective of behavioral economics, this study uses a scenario simulation
experiment and the ordered‐probit econometric model to empirically analyze the influence …

Using a unique data set of more than 14,000 senior homeowners in the United States, this
study compares self‐assessed home values to arm's length contemporaneous appraisals. In …

Accessing elderly housing wealth through equity release mortgages (ERMs) continue to be
the focus of policy debates about how to pay for social care and how to support retirement …

This paper documents large racial disparities in the ability of homeowners to access their
housing wealth without moving. During the 2018–2021 period, Black homeowners' …

Purpose This study aims to investigate the factors that drive housing loan default in India
based on unique micro-level data drawn from a public sector bank's credit files with a …