Chris Herbert, Alexander Hermann, Daniel McCue
•
September 25, 2018
The 30-percent of income standard is a widely used and accepted measure of the extent of housing affordability problems across the country. While simple and easy to implement…
MF10-3: The recent tumult experienced by residential mortgage markets in the United States has left many struggling to determine what caused the crisis; what can be done…
W08-5: A principal finding from the Revisiting Rental Housing Symposium convened by the Joint Center for Housing Studies in November 2006 is that a great deal has been…
Susan Wharton Gates, Cindy Waldron, Peter Zorn
•
February 13, 2004
BABC 04-13: Automated underwriting (AU) systems have become a tool of choice in mortgage lending decisions. While AU provides significant benefits to mortgage…
This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…