The Impact of Minority Representation at Mortgage Lenders
Journal of Finance (2023) Authors: W. Scott Frame, Ruidi Huang, Erica Jiang, Yeonjoon Lee, Will Liu, Erik Mayer, and Adi Sunderam Abstract: We study links between the labor market for loan officers and access to mortgage credit. Using novel data matching the (near) universe of mortgage applications to loan officers, we find that minorities are underrepresented among loan …