Andrew Davidson, Alex Levin, Susan Wachter
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November 13, 2013
HBTL-13: This paper addresses the expansion and performance of non-traditional mortgage lending products to better understand the impact of such products on borrowers…
This paper analyses the performance of low-income and minority loans (LIMLs) from a large sample of fixed-rate mortgages purchased by Freddie Mac in the 1990s. Our focus is…