Know thyself: Access to own credit report and the retail mortgage market

• Main Author: KUMAR, Amit
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Credit Reports; Information Provision to Consumers; Household Finance; Mortgages; Regulation of Credit Information; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7039; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8038/viewcontent/Amit_credit_report.pdf
• Institution: Singapore Management University

Borrowers may misestimate their probability of mortgage approval in the absence of precise signals of creditworthiness. Credit reports, which contain such signals, became easily accessible for all U.S. consumers since 2005, while it was already the case in seven states. A difference-in-differences s...