Ghent, Andra C.; Hernández-Murillo, Rubén; Owyang, … - In: Regional Science and Urban Economics 48 (2014) C, pp. 199-215
We investigate whether race and ethnicity influenced subprime loan pricing during 2005, the peak of the subprime mortgage expansion. We combine loan-level data on the performance of non-prime securitized mortgages with individual- and neighborhood-level data on racial and ethnic characteristics...