Women Are Better than Men at Paying Their Mortgages. Urban Institute. Laurie Goodman et al. September 6, 2016.
Female-only borrowers pay more for their mortgages than male-only borrowers, because they have weaker credit characteristics and a higher percentage of those loans are subprime. Our analysis shows, however, that these weaker credit characteristics do not accurately predict how well women pay their mortgages. Instead, female-only borrowers are doing a better job of paying their mortgages than their credit characteristics predict.This is particularly important because more than one-third of female-only borrowers are minorities and almost half of them live in low-income communities. [Note: contains copyrighted material].
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