| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 970603 | Journal of Urban Economics | 2016 | 18 Pages |
Abstract
We design and implement an experimental test for differential response by mortgage loan originators (MLOs) to requests for information about loans. Our e-mail correspondence experiment is designed to analyze differential treatment by client race and credit score. Our results show net discrimination by 1.8% of MLOs through non-response. We also find that MLOs offer more details about loans and are more likely to send follow up correspondence to whites. The effect of being African American on MLO response is equivalent to the effect of having a credit score that is 71 points lower.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andrew Hanson, Zackary Hawley, Hal Martin, Bo Liu,