This article describes the results of a study into possible racial discrimination on the part of government-sponsored enterprises (GSEs) — specifically Fannie Mae and Freddie Mac — that buy home mortgage loans on the secondary market. The article begins by laying out the problem: Racial...

Data from the United States Census confirm a substantial increase in the racial earnings gap between 1980 and 1990. This paper examines data on whites and non-white wage and salary incomes in Houston TX for 1980 and 1990. Data on time traveled to work is used to simulate what would be the impact...

This article examines the myth of bad credit in the Black community. Historically, Blacks have had higher savings rates and lower use of credit than Whites. Discrimination in lending led to an aversion to credit. Later, Blacks believed their credit to be bad, even among many better qualified...