Discriminating Risk by Guy Stuart

Discriminating Risk by Guy Stuart

The U.S. home mortgage industry first formalized risk criteria in the 1920s and 1930s to determine which applicants should receive funds. Over the past eighty years, these formulae have become more sophisticated. Guy Stuart demonstrates that the very...

Readers who are interested in the historical interaction of American cities, race, and mortgage finance will find many aspects of Guy Stuart's Discriminating Risk informative and insightful... It is full of useful historical and contemporary information on the lending process, insightful interviews, and a valuable close reading of the real estate industry's standard operating procedures. I learned a great deal by reading the book, and I recommend it to other scholars with an interest in the history of American housing markets.

- William J. Collins, Vanderbilt University (EH.NET)

Stuart changes our understanding of the nature of risk, economic rationality, and discrimination. This impressive study has the potential to spur new lines of inquiry into housing markets, housing finance, and the governmental policy that regulates them. Summing Up: Highly recommended.

(Choice)

To confront lending disparities, Stuart says, we must first recognize that the supposedly rational rules of risk calculation are themselves merely constructions rooted in prejudices.

(City Limits)

Guy Stuart is Lecturer in Public Policy at the Kennedy School of Government, Harvard University.

SKU	Unavailable
ISBN 13	9780801440663
ISBN 10	0801440661
Title	Discriminating Risk
Author	Guy Stuart
Condition	Unavailable
Binding Type	Hardback
Publisher	Cornell University Press
Year published	2003-05-14
Number of pages	272
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable