Finance and Economics Discussion Series: Gse Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Effect of the Affordable Hou by Neil Bhutta

Finance and Economics Discussion Series: Gse Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Effect of the Affordable Hou

Neil Bhutta

42 pages • missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
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I estimate the credit supply effect of the Underserved Areas Goal(UAG), which establishes GSE purchase goals for mortgages to lower-income and minority neighborhoods. Taking advantage of discontinuous census tract eligibility rules and abrupt chan...

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