NOVEMBER 28, 2012

Patchwork of mortgage laws not helping with recovery

Why different states are getting out of the housing crisis faster

TEMPE – America’s housing market is finally starting to really recover from the Great Recession, but some areas of the country are fighting back faster than others. New research from the W. P. Carey School of Business at Arizona State University indicates one reason: Different states have dramatically different mortgage laws, and some make it easier to push through tough times.

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