Associate Professor, City & Regional Planning
University of California-Berkeley
Areas of Research Interest: Housing, Community Development, Urban Poverty and Inequality, the Community Reinvestment Act, and Access to Credit and Homeownership
Carolina Reid
Sought or Sold? Understanding the Linkages between Origination Channel and Consumer Choice in the Mortgage Market
This paper, presented by Carolina Reid at the Family Financial Security Symposium in April, 2010, raises significant implications for consumer protection and access to credit going forward. Interviews point out how much of the mortgage origination decision is driven by local contextual factors, and that many consumers— especially those that have historically not had access to credit—are not well equipped to navigate all the information and institutions that are associated with the mortgage market.
Family Financial Security Symposium
Date: April 19 and 20, 2010
Description: The CFS convened researchers, practitioners and policymakers to explore challenges and opportunities in consumers’ financial literacy and stability. The event, “Family Financial Security: Implications for Policy and Practice,” introduced some of the most recent and cutting-edge studies that bring new insights into economic behavior.
