Treating fraudulently overstated income on mortgage applications as true income leads to incorrect conclusions on the … nature of the mortgage credit supply expansion toward marginal borrowers from 2002 to 2005. A positive gap between zip …-code level income growth calculated from mortgage applications and income growth from the IRS likely reflects mortgage fraud, not …

Treating fraudulently overstated income on mortgage applications as true income leads to incorrect conclusions on the … nature of the mortgage credit supply expansion toward marginal borrowers from 2002 to 2005. A positive gap between zip …-code level income growth calculated from mortgage applications and income growth from the IRS likely reflects mortgage fraud, not …

Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of … the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We … define “income overstatement” in a zip code as the growth in income reported on home-purchase mortgage applications minus the …

Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of … the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We … define "income overstatement" in a zip code as the growth in income reported on home-purchase mortgage applications minus the …

This paper examines racial and ethnic differences in high cost mortgage lending in seven diverse metropolitan areas … lenders explains almost all of the racial and ethnic differences in high cost mortgage borrowing …