The presumption that mortgage markets for low-income borrowers and neighborhoods are underserved by lenders has led to … the twin propositions that the low-income mortgage market is no different from the non-low-income mortgage market and that … the low-income mortgage market is underserved. We examine empirically whether the operating costs including credit losses …

This paper assesses the probable impact on S&Ls' profitability and participation in mortgage markets of The Depository …&L mortgage holdings between 1965 and 1979 and argues(contrary to conventional wisdom) that deposit-rate ceilings proved no more … and state restrictions on S&L loan opportunities and on mortgage lenders' ability to design and to price mortgage …