the low-income mortgage market is underserved. We examine empirically whether the operating costs including credit losses … do less low income lending. We find that firms engaged in more low-income mortgage lending have higher costs than those …The presumption that mortgage markets for low-income borrowers and neighborhoods are underserved by lenders has led to …

mortgage lending related sectors. This paper examines the determinants of US Savings and Loan (S&L) profitability in the time … evidence that the quality of loan portfolio rather than size (economies of scale) affects profitability negatively. Our results …