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Local Responses to Global Climate Change

Jill Schmidt • March 14, 2018

From September’s destructive hurricanes to the devastating fires in California, recent natural disasters across the US have underscored the many ways in which climate change…
Working Papers

Mortgage Credit and the Evolution of Risk-Based Pricing

Frank Raiter, Francis Parisi • February 23, 2004

BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…