An, Xudong; Bostic, Raphael W. - Lusk Center for Real Estate, Marshall School of Business - 2006
, particularly to lower-income and minority populations. This paper examines whether GSE loan purchase activities might serve as an … GSE purchase activity are associated with declines in subprime mortgage activity. Moreover, the effects tend to be … concentrated and growing the fastest. A rough calculation shows that a ten percent increase in GSE market share could lead to 20 …