What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
W10-1: The negative impacts of concentrated foreclosures have been destabilizing communities across the country. Community development corporations (CDCs) and other…
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…