Predicting a credit crisis: House price influence on the real estate mortgage default decision
The thesis evaluates how house price development can indicate risk of mortgage defaults. This leads to conclusions about the capability that the method of the thesis has in predicting mortgage default related crises. The questions asked regard which states in the U.S. had the most volatile house prices, which states had unexpectedly high house prices at the end of 2006, and how house prices are af
