distribution of mortgage credit in terms of access and price, by race, ethnicity, and income, and over the life cycle, with … spillovers in urban neighborhoods. Finally, we offer some thoughts on future innovations in mortgage finance. …This chapter considers the structure of mortgage finance in the United States and its role in shaping patterns of …

This paper combines data on the performance of mortgage loans with detailed borrower, neighborhood, and property … auction sale or REO); or (4) the loan remains delinquent. In particular, we focus on mortgage modification. We find that the …

combines administrative data on mortgage performance with information on race and ethnicity, we show that Black and Hispanic …This paper documents large differences in mortgage prepayment behavior across racial and ethnic groups in the United … periods of low mortgage rates and high refinance volumes. From 2010 to 2014, Black borrowers were paying 30 to 45 basis points …

conclude that it likely reflects differential treatment of black neighborhoods by the mortgage industry in ways that are … characteristics are important predictors of default behavior, even after controlling for an extensive set of controls for loan and … borrower characteristics. First, default rates increase with the rate of foreclosure notices and the number of lender …

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 …

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 … rate determination that accounts for predicted loan performance, we evaluate the differences in subprime mortgage rates in …

Discrimination in mortgage lending is often measured by differences in the share of applications denied by lenders …. However, incomplete information on the applicant characteristics typically used in mortgage underwriting creates an omitted … application denial rates with subsequent loan performance. I compare denial and default rates of applications for over 7.6 million …

This paper examines how high cost mortgage lending varies by race and ethnicity. It uses a unique panel data that … loans for African-American and Hispanic borrowers even after controlling for key mortgage risk factors: they have a 7.7 and … sorting across) mortgage lenders. …

This paper examines how high cost mortgage lending varies by race and ethnicity. It uses a unique panel data that … loans for African-American and Hispanic borrowers even after controlling for key mortgage risk factors: they have a 7.7 and … sorting across) mortgage lenders. …

How do credit standards on the mortgage market affect neighbourhood choice and the resulting level of urban segregation …-2006 mortgage credit boom on the level of school segregation. Census tract racial composition is strongly correlated with the racial … composition of the 10 closest schools in the cross section. Matching a national data set of mortgage originations with annual …