Abstract

Editor Sean P. Salter Middle Tennessee State University Jennings A. Jones College of Business Department of Economics and Finance Murfreesboro, TN 37132 615 898-5117 (Phone) 615 898-4736 (Fax) Sean.Salter@mtsu.edu This section of the Journal publishes summaries / abstracts of dissertations related to a broad cross-section of real estate issues. Areas of interest include, but are not limited to, government policy and planning, real estate business and industry issues, property, contract and transaction types, real estate decision-making processes, market analysis, and related methodological and theoretical issues. If you are aware of any real estate related dissertation(s) that may not appear in standard sources and that you think would be of interest to our readers, please contact the editor. Bian, Xun. Pennsylvania State University, 2011. Informational Asymmetry and Residential Mortgage Choices. When financing real estate properties through a mortgage, borrowers often face a variety of loan products. During the recent housing bubble, a variety of mortgage products and features proliferated. The recent mortgage foreclosure crisis leads many commentators to point to the growth in the use of these alternative mortgage features as being predatory. A number of academic studies provide supporting evidence to this view. In contrast, economists have long noted