Does Borrower and Broker Race Affect the Cost of Mortgage Credit?
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DOI: 10.1093/rfs/hhaa087
Abstract: We test for pricing disparities in mortgage contracts using a novel data set that allows us to observe the race and ethnicity of both parties to the loan. We find that minorities pay between 3%… read more here.
Keywords: borrower broker; credit; broker race; mortgage ... See more keywords