The Neighborhood Distribution of Subprime Mortgage Lending

By P. Calem, Kevin C. Gillen, Susan M. Wachter. 2004

233 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/9dc1bd0f2a60c041a8067776302abb826ac95cdc

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Citations in the corpus

The evolution of the subprime mortgage market (2006, background): “Subprime lending is a relatively new and rapidly growing segment of the mortgage market that expands the pool of credit to borrowers who, for a variety of reasons, would otherwise be denied credit.”
A multidisciplinary survey on discrimination analysis (2013, background): “The subprime crisis in the late 2000s prompted specific studies on mortgage redlining in the ‘predatory lending’ market, even though the problem was already recognized in the early 2000s (e.g. Calem et al., 2004).”
The Sociology of Discrimination: Racial Discrimination in Employment, Housing, Credit, and Consumer Markets. (2008, background): “Further, the authors find that “even at the highest income level, blacks are almost three times as likely to get their loans from a subprime lender as are others” (p. 197; see also Calem et al. 2004).”
Racial Dynamics of Subprime Mortgage Lending at the Peak (2013, methodology): “In another neighborhood-level analysis of subprime lending using HMDA data, Calem, Gillen, and Wachter (2004) found a positive relationship between the percentage of blacks and the proportion of individuals with subprime loans above and beyond other tract credit characteristics in Chicago and…”
The Delinquency of Subprime Mortgages (2005, unknown): “There is also evidence that subprime lending is most often used in high-risk locations (Calem, Gillen, & Wachter, 2004, and Pennington-Cross, 2002).”
The Subprime Crisis and House Price Appreciation (2011, unknown): “7 The policy implications of the subprime mortgage market are further explored in Wachter et al. (2005) and Calem et al. (2003).”
Integrating induction and deduction for finding evidence of discrimination (2009, background): “From a research point of view, the literature in economics and social sciences has given evidence of unfair treatment in racial profiling and redlining [5, 23], mortgage lending [16], consumer market [21], personnel selection [11], and wages [15].”