We study the effect of gender in a new financial behavior context: the choice of a mortgage. While adjustable rate mortgages are initially cheaper, they expose the borrower to interest rate risk. Using national lender data, we find that propensity to apply for an adjustable rate mortgage among...

Checking accounts with an overdraft protection line of credit can be seen as the first steps in accessing credit for some households, specifically for Low- to Moderate-Income (LMI) borrowers. In this paper, we assess a lender's decision to grant LMI consumers an overdraft protection line of...

Theories of rational redlining suggest a low housing sales volume should lead to greater uncertainty in house price appraisals, making the mortgage loan riskier, less attractive to lenders, and consequently more likely to be denied or charged a higher price. Previous empirical tests of this...