Description

a cross-section from 1997-1998

number of observations : 2381 observation : individuals country : United States

In package version 0.2-9 and earlier this dataset was called Hdma.

Usage

Format

A dataframe containing :

dir

debt payments to total income ratio

hir

housing expenses to income ratio

lvr

ratio of size of loan to assessed value of property

ccs

consumer credit score from 1 to 6 (a low value being a good score)

mcs

mortgage credit score from 1 to 4 (a low value being a good score)

pbcr

public bad credit record ?

dmi

denied mortgage insurance ?

self

self employed ?

single

is the applicant single ?

uria

1989 Massachusetts unemployment rate in the applicant's industry

condominium

is unit a condominium ? (was called comdominiom in version 0.2-9 and earlier versions of the package)

black

is the applicant black ?

deny

mortgage application denied ?

Source

Federal Reserve Bank of Boston.

Munnell, Alicia H., Geoffrey M.B. Tootell, Lynne E. Browne and James McEneaney (1996) “Mortgage lending in Boston: Interpreting HMDA data”, American Economic Review, 25-53.

References

Stock, James H. and Mark W. Watson (2003) Introduction to Econometrics, Addison-Wesley Educational Publishers, chapter 9.

See Also

Index.Source, Index.Economics, Index.Econometrics, Index.Observations