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The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has called into question. This book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law, economics and political...
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The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. This challenging and timely book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law,...
Persistent link: https://www.econbiz.de/10011851803
During the period 2005 to 2020, Black borrowers with mortgages insured by Fannie Mae or Freddie Mac paid interest rates that were almost 50 basis points higher than those paid by nonHispanic white borrowers. We show that the main reason is that non-Hispanic white borrowers are much more likely...
Persistent link: https://www.econbiz.de/10012392369
During the period 2005 to 2020, Black borrowers with mortgages insured by Fannie Mae or Freddie Mac paid interest rates that were almost 50 basis points higher than those paid by non-Hispanic white borrowers. We show that the main reason is that non-Hispanic white borrowers are much more likely...
Persistent link: https://www.econbiz.de/10013232564
Over the period 2005 to 2015, Black borrowers paid more than 40 basis points higher mortgage interest rates than Non-Hispanic white borrowers. We show that the main reason is that Non-Hispanic white borrowers are much more likely to exploit periods of falling interest rates by refinancing their...
Persistent link: https://www.econbiz.de/10013247838