Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Foreclosures: relationship lending in the consumer market and its aftermath
Relationship lending theory suggests that lenders in close proximity to their borrowers might be the most efficient providers of screening and monitoring services, because the cost of collecting information declines with distance. The author presents evidence that ties bank branch presence to borrower performance in the low-income housing market, which provides support for this theory.
Cite this item
O. Emre Ergungor, Foreclosures: relationship lending in the consumer market and its aftermath, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 0617, 2006.
Keywords: Branch banks ; Mortgage loans
This item with handle RePEc:fip:fedcwp:0617
is also listed on EconPapers
For corrections, contact 4D Library ()