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…
George Galster, Jackie Cutsinger, Ron Malega
•
March 1, 2007
RR07-4: We investigate theoretically and empirically two interrelated potential consequences of the spatial concentration of poverty: negative externalities to proximate…
BABC 04-7: Little systematic work exists to address the many and varied ways some borrowers end up with subprime mortgages and to what extent those loans serve the true…