Management Papers
Document Type
Journal Article
Date of this Version
2014
Publication Source
Economic Perspectives
Volume
38
Issue
2
Start Page
38
Last Page
51
Abstract
The authors’ findings indicate that homebuilder financing affiliates do make loans to observably riskier borrowers, but the loans made by homebuilders have lower delinquency rates than those made by unaffiliated lenders, even when loan and borrower characteristics are held constant.
Copyright/Permission Statement
The Article was published in "Economic Perspectives".(2014). Copyright © Federal Reserve Bank of Chicago.
https://www.chicagofed.org/publications/economic-perspectives/2014/2q-agarwal-etal
Recommended Citation
Agarwal, S. (2014). Homebuilders, Affiliated Financing Arms, and the Mortgage Crisis. Economic Perspectives, 38 (2), 38-51. Retrieved from https://repository.upenn.edu/mgmt_papers/218
Date Posted: 19 February 2018