A discussion of how mortgage lenders might use posted lending terms to signal both their eagerness to take new loan applications and their lending standards.
A documentation of racial and neighborhood differences in home mortgage denial rates using data collected under the Home Mortgage Disclosure Act, exploring the extent to which objective lending criteria are responsible for observed differences.
An examination of how and why individual financial institutions vary in their propensity to attract and approve mortgage applications from minorities, using Home Mortgage Disclosure Act data.
The Community Reinvestment Act of 1977 (CRA) requires depository institutions to help meet the credit needs of their communities, including low- and moderate-income neighborhoods, consistent with safe and sound lending practices.
A methodology is developed for constructing quality-of-life comparisons for metropolitan areas in which the full bundle of an area’s attributes is valued, rather than the typical method of focusing on individual characteristics.
A demonstration that regional differences in the returns to human capital do not necessarily imply structural differences in regional labor markets, but could be reflecting compensation for regional differences in amenities.
An examination of the role of productivity differences in explaining the decline of manufacturing activity in large metropolitan areas relative to the rest of the country, especially large metropolitan areas of the Manufacturing Belt.
Congress enacted the Community Reinvestment Act of 1977 (CRA) to combat redlining, whereby lenders allegedly curtail the supply of mortgage credit to particular neighborhoods.
During the past year, several Federal Reserve reports on home mortgage lending have attracted widespread attention for what they revealed about racial lending patterns.
