摘要: The purpose of this study is to help FHA understand the geographical dimension ofdefault behavior by examining concentrations of defaults of 1992 and 1994 loan originations in 22 urban areas. More specifically, the paper asks, fir... 展开 The purpose of this study is to help FHA understand the geographical dimension ofdefault behavior by examining concentrations of defaults of 1992 and 1994 loan originations in 22 urban areas. More specifically, the paper asks, first, whether defaults on FHA-insured loans are concentrated within a distinct set of high-default neighborhoods and, second whether defaults on FHA-insured loans are concentrated within a set of high-default lenders. 收起