Empirical Analysis of Factors Affecting Mortgage Permissibility
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This paper uses the sample data of 1756 mortgage applicants from the US Econ_loan to study the influencing factors of the mortgage loan permit rate. Starting from the Gauss-Markov hypothesis, this paper discusses the measurement model hypothesis testing, estimation error, function form, virtual variables and heteroscedasticity. The natural logarithm of the estimated value of assets has a statistically significant positive impact on the mortgage permit rate. Personal credit characteristics have a joint significance on the mortgage permit rate. There is a race for the mortgage permit rate discrimination.
Mortgage permit rate, empirical analysis, econometrics, Gauss-Markov assumption