Results 1 - 1 of 1 for PRIME [Author: Giang Ho]
The Varying Effects of Predatory Lending Laws on High-Cost Mortgage Applications - Review
Federal, state, and local predatory lending laws are designed to restrict and in some cases prohibit certain types of high-cost mortgage credit in the subprime market. Empirical evidence using the spatial variation in these laws shows that the aggregate flow of high-cost mortgage credit can increase, decrease, or be unchanged after these laws are enacted.
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