Subprime lending: An investigation of economic efficiency

Housing Policy Debate

Volumn 15, Issue 3, 2004, Pages 533-571

  Lax, Howard ^a   Manti, Michael ^b   Raca, Paul ^c   Zorn, Peter ^b  

^a Opinion Research Corporation   (United States)

^b FREDDIE MAC   (United States)

^c Equitec ^*

Author keywords

Discrimination; Mortgages; Subprime and predatory lending

Indexed keywords

EID: 5444229613     PISSN: 10511482     EISSN: 10511482     Source Type: Journal    
DOI: 10.1080/10511482.2004.9521513     Document Type: Article

References (10)

1. B&C Market Posts Record Year in '97 as Originations Hit $125B. 1998. Inside B&C Lending 3(1):1.
2. Bradford, Calvin. 2002. Risk or Race? Racial Disparities and the Subprime Refinance Market. Washington, DC: Center for Community Change.
3. Cosslet, Stephen. 1983. Efficient Estimation in Discrete-Choice Models. In Structural Analysis of Discrete Data with Econometric Applications, ed. Charles Manski and Daniel McFadden, 51-111. Cambridge, MA: MIT Press.
4. Courchane, Marsha J., Brian J. Surette, and Peter M. Zorn. 2004. Subprime Borrowers: Mortgage Transitions and Outcomes. Journal of Real Estate Finance and Economics 29(4), forthcoming.
5. Fed Levies $70 Million Fine against Citi Supreme Unit. 2004. Inside B&C Lending
6. Harvey, Keith, and Peter Nigro. 2004. Do Predatory Lending Laws Influence Mortgage Lending? An Analysis of the North Carolina Predatory Lending Law. Journal of Real Estate Finance and Economics 29(4), forthcoming.
7. HEL ABS Market Set to Grow in 2000, Up to $75 Billion Projected. 2000. Inside B&C Lending 5(2):2.
8. Pennington-Cross, Anthony, Anthony Yezer, and Joseph Nichols. 2000. Credit Risk and Mortgage Lending: Who Uses Subprime and Why? Working Paper No. 00-03. Research Institute for Housing America.
9. Weicher, John. 1997. The Home Equity Lending Industry: Refinancing Mortgages for Borrowers with Impaired Credit. Indianapolis: Hudson Institute.
10. Yezer, Anthony, Robert Phillips, and Robert Trost. 1994. Bias in Estimates of Discrimination and Default in Mortgage Lending: The Effects of Simultaneity and Self-Selection. Journal of Real Estate Finance and Economics 9(3):197-216.