Persistently large gaps in homeownership between whites and Hispanics are a major contributor to wealth inequality. This article considers whether Hispanics and whites are…
Chris Herbert, Daniel McCue, Rocio Sanchez-Moyano
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February 18, 2016
The housing crisis and ensuing Great Recession of the late 2000s resulted in millions of homeowners losing their homes to foreclosure and millions more losing substantial…
Chris Herbert, Daniel McCue, Rocio Sanchez-Moyano
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September 27, 2013
HBTL-06:In many respects, the notion that owning a home is an effective means of accumulating wealth among low-income and minority households has been the keystone underlying…
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…
