Business Economics and Public Policy, Real Estate
Press Release
Report Reveals Why Foreclosure Delay Prolongs the Housing Market Slump
A report coauthored by Columbia Business School’s Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Finance and Economics; Kansas State Finance Professor Eric Higgins; and Joseph Mason, finance professor at Louisiana State University, finds that the most appropriate way to help the housing market is to stop delaying foreclosures.