Foreclosure: At What Cost and to Whom?
Bibliographic record
Abstract
Chapter 2 introduces the topic of foreclosure, and includes discussion of the theoretical frameworks and principles that can inform deeper consideration of the foreclosure issues of the past decade and going forward. The chapter examines the differential impact of race among U.S. consumers. It offers interviews with individuals who are currently fighting foreclosure and their lawyers. Our investigation traces the specificity of the discriminatory targeting of black Americans for predatory schemes. The chapter also includes a framing discussion with respect to the mortgage-backed securities market, market practice and regulatory oversight at the commencement of the global financial crisis. We examine the huge gap between what regulators believed was occurring and the practice of mortgage lending on the ground. We explore the deeper connection between market design and its consequent incentives for self-dealing as primary drivers of continuing harmful conduct in financial markets. Our objective in this chapter is to give readers that may have only passing familiarity with critical race theory or financial market theory a solid context in which to read the rest of the book.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.001 | 0.006 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.001 | 0.001 |
| Science and technology studies | 0.002 | 0.003 |
| Scholarly communication | 0.005 | 0.008 |
| Open science | 0.001 | 0.001 |
| Research integrity | 0.003 | 0.005 |
| Insufficient payload (model declined to judge) | 0.016 | 0.003 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".