Risky Business: An Econometric Analysis of the Relationship Between Subprime Lending and Neighborhood Foreclosures
Mar 1, 2004
Author(s): Immergluck, Dan; Smith, Geoff
Publisher(s): Woodstock Institute
Issue Area(s): Community and Economic Development; Consumer Protection
Author(s): Immergluck, Dan; Smith, Geoff
Publisher(s): Woodstock Institute
Issue Area(s): Community and Economic Development; Consumer Protection
Illustrates the quantitative relationship between the level of subprime lending in a neighborhood and foreclosure levels in a subsequent period, while controlling for changes in economic and demographic characteristics that might also effect foreclosure rates.
