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Letter from the editor

What Causes Residential Mortgage Defaults?

"The U.S. residential mortgage market is very large, totaling approximately $13 trillion in debt as of 2023, and defaults occur with regular frequency, increasing significantly during times of financial stress..." – By Walter Torous and others

The Rise of Crowdfunding

"Crowdfunding is the process of raising capital online from a large audience. It has emerged since the mid-2000s as a popular funding source for innovative ideas and projects. Crowdfunding encompasses various forms..." – By Thomas Lambert

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