In this paper we use a novel empirical strategy to estimate the net benefit of regulatory restrictions on the supply of fringe credit products. Our estimation measures the effect of strict regulation and prohibition of one such product — payday loans — on demand for another product —...

This brief analysis of home-mortgage lending trends in New England provides information on lending activity from 2006 to 2010. The report includes data on originations, denial rates, and percent of high-priced loans by loan purpose (refinance and home-purchase) and type of loan (conventional and...

Lack of data availability has limited research on disparities in credit conditions in different income areas. This report uses a unique dataset from a credit reporting agency to describe credit conditions in Massachusetts in low- and moderate-income (LMI) and middle- and high-income (MUI) census...

We use a regression discontinuity design to investigate the effect of the Community Reinvestment Act on consumer credit outcomes using data from the Federal Reserve Bank of New York's Consumer Credit Panel database (Equifax data) for the years 2004 to 2012. A bank's activities in census tracts...