Legal Studies and Business Ethics Papers

Document Type

Journal Article

Date of this Version

2009

Publication Source

Federal Reserve Bank of Boston Communities and Banking

Volume

20

Issue

4

Start Page

9

Last Page

11

Abstract

To counteract clients’ bad mortgage choices, community groups must first understand the emotional component of housing decisions. The author explains how choice architecture can help prospective homebuyers avoid mistakes.

Copyright/Permission Statement

The views expressed are not necessarily those of the Federal Reserve Bank of Boston or the Federal Reserve System. Information about upcoming events and other organizations is strictly informational and not an endorsement of these activities.

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Date Posted: 27 November 2017