-called “steering.” Using data for 2005, I estimate probabilistic models of loan approvals jointly for two non-prime mortgage products … of subprime mortgage lending across these neighborhoods. Several of these cities have experienced tremendous increases in … subprime lending, and subsequently have had high mortgage delinquencies and home foreclosures in predominantly minority …

CRA now make a high volume of home mortgage loans; and community development financial institutions have developed that …

Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and … exit has significantly reduced low-income households' overall access to mortgage credit. …