Fishback, Price V.; Flores-Lagunes, Alfonso; Horrace, … - In: Review of Financial Studies 24 (2011) 6, pp. 1782-1813
Problems with mortgage financing are widely considered to be a major cause of the recent financial meltdown. Several modern programs have been designed to mimic the Home Owners' Loan Corporation (HOLC) of the 1930s. We analyze the impact of the HOLC on the nonfarm rental and owned home markets...
