Race, ethnicity and subprime home loan pricing

被引：65

作者：

Bocian, Debbie Gruenstein ^{[1
]}

Ernst, Keith S. ^{[2
]}

Li, Wei ^{[2
]}

机构：

[1] Ctr Responsible Lending, 910 17th St NW,Suite 500, Washington, DC 20006 USA

[2] Ctr Responsible Lending, Durham, NC 27701 USA

来源：

JOURNAL OF ECONOMICS AND BUSINESS | 2008年 / 60卷 / 1-2期

关键词：

Subprime; Mortgage; Pricing; Race; Ethnicity; Discrimination; Fair lending;

D O I：

10.1016/j.jeconbus.2007.10.001

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines whether borrowers' race and ethnicity affect subprime loan pricing after accounting for objective determinants, including credit scores and loan-to-value ratios. The results show that African-American and Latino borrowers are more likely to receive higher-rate subprime home loans than non-Latino white borrowers. (C) 2007 Elsevier Inc. All rights reserved.

引用

页码：110 / 124

页数：15

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