Ghent, Andra C.; Hernández-Murillo, Rubén; Owyang, … - 2011 - First draft: February 2011, preliminary
In this paper 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...
