Neighborhood information and home mortgage lending

Robert B. Avery, Patricia E. Beeson and Mark S. Sniderman

No 9620, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: An examination of how information about a neighborhood affects the level of lending activity in it--specifically, whether lenders deny mortgage applications at higher rates in neighborhoods where they have little experience in evaluating applications and/or where the lending community in general lacks such experience.

Keywords: Mortgages; Discrimination in mortgage loans (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:9620

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