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    <title>Central Bank Research Hub - Papers by Breck Robinson</title>
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    <title>03Jun/The Role of Non-Owner-Occupied Homes in the Current Housing and Foreclosure Cycle</title>
    <link>http://richmondfed.org/publications/research/working_papers/2010/wp_10-11.cfm</link>
    <description>Richmond Fed Working Papers by Breck Robinson and Richard M. Todd</description>
    <dc:title>The Role of Non-Owner-Occupied Homes in the Current Housing and Foreclosure Cycle</dc:title>
    <dc:date>2010-06-03T06:29:59Z</dc:date>
    <cb:paper>
      <cb:simpleTitle>The Role of Non-Owner-Occupied Homes in the Current Housing and Foreclosure Cycle</cb:simpleTitle>
      <cb:occurrenceDate>2010-06-03T06:29:59Z</cb:occurrenceDate>
      <cb:resource>
        <cb:title>Abstract</cb:title>
        <cb:link>http://richmondfed.org/publications/research/working_papers/2010/wp_10-11.cfm</cb:link>
        <cb:description />
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      <cb:person type="author">
        <cb:nameAsWritten>Breck Robinson</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Richard M. Todd</cb:nameAsWritten>
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      <cb:byline>Breck Robinson and Richard M. Todd</cb:byline>
      <cb:publicationDate>2010-06</cb:publicationDate>
      <cb:publication>Richmond Fed Working Papers</cb:publication>
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    <title>23Apr/Assessing the Effectiveness of the Paulson &amp;quot;Teaser Freezer&amp;quot; Plan: Evidence from the ABX Index</title>
    <link>http://richmondfed.org/publications/research/working_papers/2009/pdf/wp09-7.pdf</link>
    <description>Richmond Fed Working Papers by Eliana Balla, Robert E. Carpenter, Breck Robinson</description>
    <dc:title>Assessing the Effectiveness of the Paulson &amp;quot;Teaser Freezer&amp;quot; Plan: Evidence from the ABX Index</dc:title>
    <dc:date>2009-04-23T07:16:59Z</dc:date>
    <dcterms:abstract>How did investors holding assets backed by subprime residential mortgages react when Treasury Secretary Paulson announced the so-called &amp;quot;teaser freezer&amp;quot; plan to modify mortgages in December 2007? We apply event-study methodology to the ABX index, the only source of daily securities prices in subprime mortgage markets. Our results show investors in the ABX initially perceived that the plan would improve conditions in the subprime housing markets, but results from a longer event window show this positive effect was swamped by continued deterioration in housing markets. The positive effects of the plan disappear for junior tranche securities in recent vintages, consistent with poorer quality collateral pools.</dcterms:abstract>
    <cb:paper>
      <cb:simpleTitle>Assessing the Effectiveness of the Paulson &amp;quot;Teaser Freezer&amp;quot; Plan: Evidence from the ABX Index</cb:simpleTitle>
      <cb:occurrenceDate>2009-04-23T07:16:59Z</cb:occurrenceDate>
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        <cb:title>Abstract</cb:title>
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        <cb:title>Full text</cb:title>
        <cb:link>http://richmondfed.org/publications/research/working_papers/2009/pdf/wp09-7.pdf</cb:link>
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      <cb:person type="author">
        <cb:nameAsWritten>Breck Robinson</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Robert E. Carpenter</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Eliana Balla</cb:nameAsWritten>
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      <cb:byline>Eliana Balla, Robert E. Carpenter, Breck Robinson</cb:byline>
      <cb:publicationDate>2009-04</cb:publicationDate>
      <cb:publication>Richmond Fed Working Papers</cb:publication>
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