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Fraudulent Income Overstatement on Mortgage Applications during the Credit Expansion of 2002 to 2005

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NBER2015-02-01 更新2025-01-04 收录
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Academic research, government inquiries, and press accounts show extensive mortgage fraud during the housing boom of the mid-2000s. We explore a particular type of mortgage fraud: the overstatement of income on mortgage applications. We define income overstatement in a zip code as the growth in

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2015-02-01
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