Showing 1 - 10 of 5,267
It has been argued that during the Great Recession, wealth losses were more concentrated for college-­educated Black and Hispanic families than for White and Asian college-educated families and their non-college-educated Black and Hispanic peers. This article explores the extent to which the...
Persistent link: https://www.econbiz.de/10012902281
Persistent link: https://www.econbiz.de/10012544424
Persistent link: https://www.econbiz.de/10014441113
disproportionately offered in minority communities. Accordingly, some economists argue that the crisis is the result of government … mortgage lending is higher in minority areas, the estimated mortgage foreclosure rate is lower in these areas. This evidence is … inconsistent with the contention that regulations encouraging lending in minority areas contribute to the subprime foreclosure …
Persistent link: https://www.econbiz.de/10013095658
Using data from the 2009 American Housing Survey and Hazard Model, this paper provides empirical evidence that the homeownership experience during the recent housing boom and housing bust was not homogenous across all groups in the U.S. The recent deterioration of underwriting practices and a...
Persistent link: https://www.econbiz.de/10009683009
Persistent link: https://www.econbiz.de/10009519842
Persistent link: https://www.econbiz.de/10013175955
At various points in its history, the Federal Housing Administration (FHA) has had particularly large impacts on mortgage and housing markets in the U.S. During the early to middle 2000s, FHA lending dwindled to historically low shares of the mortgage market as subprime lending boomed, with some...
Persistent link: https://www.econbiz.de/10013149280
We examine the high levels of financial stress among Indigenous populations in Australia. We estimate separate models for the determinants of financial stress for Indigenous and non-Indigenous households and show the importance of separately considering Indigenous disadvantage. We use these...
Persistent link: https://www.econbiz.de/10012940838
We examine the high levels of financial stress among Indigenous populations in Australia. We estimate separate models for the determinants of financial stress for Indigenous and non-Indigenous households and show the importance of separately considering Indigenous disadvantage. We use these...
Persistent link: https://www.econbiz.de/10012129962