mortgage tax from being levied on borrowers to being levied on banks; (ii) some areas, for historical reasons, were exempt from … smaller number of lending relationships, not working for the lender, or facing less banks in their zip-code, thereby …-full tax pass-through, the tax shift increases banks' risk-taking. More affected banks reduce costly mortgage insurance in case …

, which are free from CRA obligations, to banks in need of CRA-eligible mortgages. Our findings underscore the pitfalls of a …

Machine Learning model to estimate how the minority representation in ads affects which lender consumers choose for their …, minority representation has a larger impact among liberal-leaning consumers. In addition to our observational study, we conduct …

-to-distribute model, had competitors with very different non-mortgage activities and regulation. I show that in local markets, when banks … increased at a faster pace, there was a shift from banks to mortgage brokers in local markets. …