The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Gopal Ahluwalia, Kermit Baker, Kent Colton
•
April 19, 2022
Although still fragmented, the homebuilding industry has undergone changes in recent years that have increased the share of production by larger builders. The top 100…
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…