community reinvestment and credit risk: evidence from an affordable-home-loan program

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University of Pennsylvania ScholarlyCommons Penn IUR Publications Institute for Urban Research 1-1-1999 Community Reinvestment and Credit Risk: Evidence from an Affordable-Home-Loan Program Paul S. Calem Board of Governors of the Federal Reserve System Susan M. Wachter University of Pennsylvania, [email protected] Copyright The American Real Estate and Urban Economics Association (AREUEA). Reprinted from Real Estate Economics, Volume 27, Issue 1, Spring 1999, pages 105-134. This paper is posted at ScholarlyCommons. http://repository.upenn.edu/penniur_papers/13 For more information, please contact [email protected].

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University of PennsylvaniaScholarlyCommons

Penn IUR Publications Institute for Urban Research

1-1-1999

Community Reinvestment and Credit Risk:Evidence from an Affordable-Home-LoanProgramPaul S. CalemBoard of Governors of the Federal Reserve System

Susan M. WachterUniversity of Pennsylvania, [email protected]

Copyright The American Real Estate and Urban Economics Association (AREUEA). Reprinted from Real Estate Economics, Volume 27, Issue 1,Spring 1999, pages 105-134.

This paper is posted at ScholarlyCommons. http://repository.upenn.edu/penniur_papers/13For more information, please contact [email protected].