The Community Reinvestment Act (CRA) encourages lenders to make mortgage loans to certain classes of borrowers. However, the law does not apply to all lenders, and lenders do not necessarily receive credit for all loans made to borrowers of a particular class. We use this variation to test whether or not CRA-affected lenders cut interest rates to CRA-eligible borrowers; in other words, we test for...
Paperback: 92 pages
Publisher: BiblioGov (February 6, 2013)
Language: English
ISBN-10: 9781288715800
ISBN-13: 978-1288715800
ASIN: 1288715803
Product Dimensions: 7.4 x 0.2 x 9.7 inches
Amazon Rank: 5758746
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