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Research Notes

Subprime Lending and the Community Reinvestment Act

Kevin Park • November 1, 2008

There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
Working Papers

Good Home Improvers Make Good Neighbors

Kevin Park • April 1, 2008

W08-2: Research on the determinants of home improvement activity generally ignores the neighborhood context in which homeowners live. However the condition and trends of…
Working Papers

Prepayment Risk and Lower Income Mortgage Borrowers

Wayne Archer, David Ling, Gary McGill • October 9, 2001

This paper examines the differential home mortgage termination experience of “affordable housing” households in the United States from 1985 to 1995. Using five two-year…