Should immigrants really be blamed for the 2007-2010 housing

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Reference no: EM133711922

Question: In the US, different borrowers with various risk profiles receive different interest rates from mortgage lenders and banks. Some social issues may arise, for example: There may exist gender discrimination in mortgage interest rates. There may exist racial discrimination in mortgage interest rates. Discuss the findings by Cheng, Lin, and Liu (2011-JREFE) and Cheng, Lin, and Liu (2015-JREFE) related to these issues. As the 2007-2010 housing crisis developed, immigrants were blamed by the news media for the large increase in delinquencies, defaults, and foreclosures in the housing market, which triggered the financial and economic crisis. Should immigrants really be blamed for the 2007-2010 housing crisis?

Reference no: EM133711922

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