Do Borrower Rights Improve Borrower Outcomes? Evidence from the Foreclosure Process

Kristopher Gerardi, Lauren Lambie-Hanson, Paul S. Willen

NBER Working Paper No. 17666
Issued in December 2011

---- Acknowledgements -----

The authors thank Jane Dokko, Bob Triest, and audiences at the Federal Reserve Bank of New York, the Massachusetts Institute of Technology, the Association of Collegiate Schools of Planning, and the Association for Public Policy Analysis and Management for helpful comments and suggestions and Elizabeth Murry for inspired editorial assistance. The discussion of foreclosure law in Section benefited from many long conversations with Zachary Kimball and Richard Howe, Jr. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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