Womens Experience Mortgage Credit - 1225 Words

4. Conclusion The purpose of this study was to examine whether women’s experience mortgage credit after the 2008 housing crisis. Origination, denial, and fallout rates were produced from HMDA data and fallout rates. These rates captured the behavioral performance of lenders during the loan underwriting process; thus, shedding light on women s credit experience as compared to men in the mortgage market. Between gender comparisons, the results reveal good news. The women‘s mortgage credit experience is statistically equal to men as measured by mortgage origination, denial and fallout rates. These findings are consistent with some mortgage gender stud-ies such as Dietrich and Johannsson [15], Robinson [9], Awoonor-Williams [14]. They are in contrast to other studies, Woodstock Institute [10] and Cyr [11]. Dietrich and Johannsson [15] study used a multivariate model, which control for economic factors considered during the underwriting decision. They found 15 of 18 fair lending e xams had no statistical gender effect on the decision to deny a mortgage. The Robinson [9] study found that applications for low-income women were more likely to be originated than men of similar income. Awoonor-Williams [14] found that being a female statistically did not increase applicants’ denial experience; results were based on Freddie Mac s national consumer credit survey and logistic regression analysis. Control-ling for income and loan type, Diabate [13] found little differencesShow MoreRelatedCorrelation Between White Males And Females1723 Words   |  7 Pagesstudy was to examine whether women’s experience mortgage credit after the 2008 housing crisis. Origination, denial, and fallout rates were produced from HMDA data and fallout rates. These rates captured the behavioral performance of lenders during the loan underwriting process; thus, shedding light on women s credit experience as compared to men in the mortgage market. Between gender compariso n, the re-sults reveal good news. The women‘s mortgage credit experience is statistically equal toRead MoreThe Effects Of Income Inequality For Educated Women1691 Words   |  7 Pagesstill a motivating factor for many students. But what if perusing a degree in order to obtain these positions meant that you still earn less than your male counterpart? Although this situation may seem unreal to many, millions of educated women experience an unjustified wage gap in the United States. While income does change with advances in education such as earning a masters or doctoral degree, wage inequality becomes very significant when the income of men and women with the same degree are comparedRead MoreExternal Macro Environment1645 Words   |  7 Pagescase, cars seller used to focus only the male, however since nowadays there are increasing number of women in workforce and they are able to earn money for living by themselves, they have the purchasing power to buy cars. 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