Ding, Lei; Quercia, Roberto G.; Ratcliffe, Janneke - In: Journal of Real Estate Research 32 (2010) 3, pp. 341-376
This study analyzes the spillover effect of the spatial concentration of subprime lending on the performance of recently originated community reinvestment mortgages targeting low- to moderate-income borrowers. The level of subprime lending in a census tract is found to be a significant predictor...