government meddling

On holiday decorations at the Federal Reserve:

  • Don’t use decorations that have an open flame.

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My Work

So the report that we’ve been working on for months and months is finally finished. It’s really long, but there is actually some very interesting stuff about credit scores and credit scoring in there. You have to click through like three pages of the Fed’s web page, so here’s a direct link: Report to the Congress on Credit Scoring and Its Effects on the Availability and Affordability of Credit (1.84 MB PDF).

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Self-Obsession, Geography, and Mortgages

Sometimes I google myself. That’s right. I type “sean wallace” into google and see how high up the results I come. Most of the time it’s simply that, a popularity check, but sometimes I’m actually interested in what parts of my online activity are becoming public.

Today I was looking at whether, in the mind of google, I’m associated with the Fed. Answer: I’m not, much, but I was surprised to find out that I was listed as a research assistant on a paper by Ellen Merry at work. I made some maps for her a couple of months ago, and here they are! Cool. Maybe eventually I’ll stop posting each time something I worked on gets “published,” but I’m not sure.

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2006 HMDA article

I provided research assistance on the Federal Reserve’s 2006 HMDA article. It is “published” in the Federal Reserve Bulletin and available as a .pdf from that same page.

HMDA stands for Home Mortgage Disclosure Act, and it is legislation that makes mortgage lenders report various things about applications they receive to the government, and indirectly, to me. Then my bosses (and I) write up this report on what’s new in the world of mortgages this year! It’s pretty darn exciting. Or not. Whatever. We’re looking at issues like racial disparity in loan approval rates and loan pricing.

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