Working Paper
How Much Does Racial Bias Affect Mortgage Lending? Evidence from Human and Algorithmic Credit Decisions
WP 24-09 – We assess racial discrimination in mortgage approvals using confidential data on mortgage applications.
Featured Work
Article
Is Loan Volume Becoming Concentrated Among Too Few Online Mortgage Providers?
Research in Focus — By studying a period of substantial regulatory change and technological innovation, three researchers identify shifts in market concentration within the U.S. mortgage market.
Working Paper
California Wildfires, Property Damage, and Mortgage Repayment
WP 23-05/R – This paper examines wildfires’ impact on mortgage repayment using novel data that combines property-level damages and mortgage performance data.
Article
CFI in Focus: A Guide to the Philadelphia Fed’s Multifaceted Contributions to Housing and Mortgage Research and Policy
The Philadelphia Fed has one of the largest concentrations of housing and mortgage experts in the Federal Reserve System. This CFI in Focus article describes how we engage in housing- and mortgage-related topics in monetary policy, bank supervision, public outreach and convenings, and in producing research and data resources.
Featured Data
Advancing Fairness in Lending Through Machine Learning
Showcasing the work of Philadelphia Fed researchers, this interactive data visualization explores an approach to credit lending using machine learning and fairness goals that may help address current disparities in credit access.
Updated: 05 Feb ’24