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Softening the Blow: Income Shocks Mortgage Payments and Emergency Savings

Title:
Softening the Blow: Income Shocks Mortgage Payments and Emergency Savings
Summary:

Using data from the 2012 NFCS, this research examined the role of emergency savings in U.S. homeowners' ability to make mortgage payments and avoid foreclosure when faced with an income shock.

Type: PDF
Size: 140.43 KB
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