1 “...Home foreclosure rates have risen in the United States to the highest levels since the Great...”

2 “...Laws governing the foreclosure process can have direct consequences on the costs of foreclosure...”

3 “... is associated with increased foreclosure filing rates at the onset of the housing downturn. We carefully control...”

4 “... of nonperforming loans (NPLs), amendments to the foreclosure and insolvency framework and resolution of a large...”

5 “... by passing reforms that reduced the average time to foreclosure from five years to two, by facilitating...”

6 “..., the foreclosure moratorium continues to prevent banks from cleaning balance sheets...”

7 “...During periods of financial turmoil, increases in risk lead to higher default, foreclosure...”

8 “... and by foreclosure starts in a highly inertial relationship. Taken together, this implies that price declines...”

9 “..., real estate foreclosure has been extensively used in Spain. Real estate collateral plays a critical...”

10 “.... In the process, a package of legislative measures strengthening the insolvency and foreclosure regime was also...”

11 “.... The subsidy support, mandated write-offs by banks and enhanced foreclosure threats on re-defaulting...”

12 “... foreclosures and to activate the underdeveloped rental market. In the medium term, housing market cyclicality...”

13 “... on mortgage foreclosures sends a highly negative signal about the protection of creditor rights. Continuation...”

14 “... delinquencies and foreclosures, and a significant tightening in subprime lending standards, the impact thus far...”

15 “... and foreclosures surge, worsening banks’ balance sheets. Finally, monetary policy may have a stronger effect...”

16 “... to facilitate foreclosures, complemented by a modernized insolvency regime. Banks should continue to restructure...”