Report
CFI COVID-19 Survey of Consumers – Wave 7
This report shares results from Wave 7 of a national survey of consumers investigating the effects of COVID-19 on renters and mortgage holders, with updates to previous data on job and income loss and financial security.
Featured Work
Working Paper
Inequality in the Time of COVID-19: Evidence from Mortgage Delinquency and Forbearance
WP 21-09 – Using a novel database that combines mortgage servicing records, credit-bureau data, and loan application information, we show that lower-income and minority borrowers have significantly higher nonpayment rates during the COVID-19 pandemic, even after controlling for conventional risk factors.
Working Paper
Eviction Risk of Rental Housing: Does It Matter How Your Landlord Finances the Property?
WP 21-05 – We show, using a stylized model, how the financing choice of landlords can impact eviction decisions in rental markets.
Working Paper
Mortgage Loss Severities: What Keeps Them So High?
WP 20-37 - Mortgage loss-given-default (LGD) increased significantly when house prices plummeted during the financial crisis, but it has remained over 40 percent in recent years, despite a strong housing recovery.