There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
Frederick Abernathy, John Dunlop, David Weil, William Apgar, Kermit Baker, Rachel Roth
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February 28, 2004
W04-3: The past several years have seen dramatic changes in the distribution of residential building products, particularly as it relates to dealers serving homebuilders…
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…