Banking

Economists

 

Breck Robinson

Breck Robinson picture

My research is currently focused on mortgage finance and bank regulation, including examining low-income and minority lending and the implications of Dodd-Frank Act regulatory reforms.

 

Professional Experience

Breck Robinson joined the Federal Reserve Bank of Richmond as a visiting scholar in 2007. He has authored studies and made presentations about mortgage lending to low-income and minority borrowers, the role of non-occupant homeowners in the financial crisis and affordable housing. He has served as co-organizer of symposia at the University of Delaware, where he has also taught since 1994 in the areas of corporate finance, mortgage finance and financial institutions.

Education

Ph.D., University of Tennessee, 1994
MBA, University of Tennessee, 1994
M.A., University of Delaware, 1988
B.A., University of Maryland Baltimore County, 1986
Curriculum Vitae

“Assessing the Effectiveness of the Paulson 'Teaser Freezer' Plan: Evidence from the ABX Index” (with Eliana Balla and Robert Carpenter). Journal of Economics and Business (forthcoming).

“Market Reaction to Interstate Banking: Re-examining the Gains from Increased Geographic Mobility for Acquiring and Target Banks” (with M. Andrew Fields). International Research Journal of Applied Finance 2, No. 4 (2011).

“What Makes CRA Agreements Work? A Study of Lender Responses to CRA Agreements” (with Raphael W. Bostic). Housing Policy Debate 16, Nos. 3 and 4 (2005).

 “Do CRA Protest Announcements Affect Shareholder Wealth? The Case of Bank Mergers” (with Harold A. Black, Raphael W. Bostic and Robert Schweitzer). The Financial Review 40, No. 3 (2005).

 “The Impact of CRA Agreements on Community Banks” (with Raphael W. Bostic). Journal of Banking and Finance 28, No. 12 (2004).

 “Do CRA Agreements Influence Lending Patterns?” (with Raphael W. Bostic) Real Estate Economics (formerly AREUEA) 31, No. 1 (2003).

“Is Race an Important Factor in Bank-Customer Preferences? The Case of Mortgage Lending” (with Harold A. Black, Alan Schlottmann and Robert L. Schweitzer). Journal of Real Estate Finance and Economics 26, No. 1 (2003).

“Do Lenders Discriminate Against Low Income Borrowers?” (with Harold A. Black and Robert L. Schweitzer). Review of Black Political Economy 28, No. 4 (Spring 2001).

“Disparities in Mortgage Lending, Bank Performance, Economic Influence and Regulatory Oversight” (with Keith D. Harvey, M. Cary Collins and Peter Nigro). Journal of Real Estate Finance and Economics, 23, No. 3 (2001).

“Comparing Lending Decisions of Minority-Owned Banks: Is there Discrimination in Mortgage Lending?” (with Harold A. Black and Robert L. Schweitzer). Review of Financial Economics 10, No. 1 (Spring 2001): 23-39.

“The Impact of the Failure of Continental Illinois and the Too-Big-to-Fail Doctrine on Changes in Operating Efficiency” (with Harold A. Black, M. Cary Collins). Managerial Finance 26, No. 2 (2000).

 "Market Reaction to Dividend Changes: The Case of Too-Big-to-Fail" (with Harold A. Black, Cary Collins and Robert Schweitzer). Journal of Financial Research 20, No. 3, (Fall 1997): 389-406.

"Price and Volume Effects Associated with the Creation of the Standard and Poor's MidCap Index" (with James W. Wansley and M. Cary Collins). Journal of Financial Research 18, No. 3 (Fall 1995): 329-350.

”The Role of Non-Occupant Homeowners in the Financial Crisis” (with Dick Todd).

“The Geographic Scope of Community Development Financial Institutions and the Neighborhoods They Serve” (with Catherine O’Regan and Christian Redfearn).

“CRA Agreements and Small Business Lending: Is There a “There” There?” (with Raphael W. Bostic).

“Do Equity Markets Respond to Regulatory Discipline? The Case of CRA Ratings Downgrades” (with Raphael W. Bostic).

 “Market Reaction of Thrift Institutions to Interstate Banking: The Benefits of Consolidation” (with M. Andrew Fields).

“The Market Reaction of Bank Holding Companies to the Riegle-Neal Interstate Banking and Branching Act of 1994” (with M. Andrew Fields).

“The Under-Performance of Minority-Owned Banks – Fact or Fiction” (with Raphael W. Bostic and Alan M. Schlottmann).

“The Differential Impact of Lower FDIC Insurance Charges: Oakar versus Non-Oakar Banks” (with Harold A. Black, M. Cary Collins and Amitabh Dutta).

“The Dodd-Frank Act Reforms Trust Preferred Securities as Tier 1 Capital” (with Eliana Balla and Kevin Cole). Emerging Issues Letters (Federal Reserve Bank of Richmond), March 2011.

“Dodd-Frank Act Reforms: Trust Preferred Securities No Long Tier 1 Capital” (with Eliana Balla and Kevin Cole). S&R Perspectives (Federal Reserve Bank of Richmond), Winter Issue 2011.

“Dodd-Frank Plays TAG Unlimited Deposit Insurance Coverage For Noninterest-Bearing Transaction Accounts.” Emerging Issues Letters, (Federal Reserve Bank of Richmond) October 2010.

“Assessing the Effectiveness of the Paulson ‘Teaser Freezer’ Plan: Evidence from the ABX” (with Eliana Balla and Robert Carpenter). Working Paper Series (Federal Reserve Bank of Richmond) Fall 2009.

“An Overview of the Home Affordable Modification Program.” Consumer Compliance Outlook (Board of Governors of the Federal Reserve System), Third Quarter 2009.

“Assessing the Effectiveness of the Paulson ‘Teaser Freezer’ Plan: Evidence from the ABX” (with Eliana Balla and Robert Carpenter). S&R Perspectives (Federal Reserve Bank of Richmond), Fall 2009.

“The Role of Non-Owner-Occupied Homes in the Current Housing and Foreclosure Cycle” (with Dick M. Todd). Working Paper Series (Federal Reserve Bank of Richmond), 2009.

“Do Loan Modifications Help Subprime Borrowers” with Eliana Balla, Emerging Issues Letters (Federal Reserve Bank of Richmond), 2008.

“A Primer on Mortgage Modification Programs” (with Patrick Coyle). Risk Flash (Federal Reserve Bank of Richmond), 2008.

“Buffett to the Rescue: Berkshire Hathaway’s Entry into the Bond Insurance Business.” Emerging Issues Letters (Federal Reserve Bank of Richmond), 2008.

“CRA Agreements and Small Business Lending: Is There a “there” There?” (with Raphael W. Bostic). 2006 Proceedings of the Federal Reserve Bank of Chicago Bank Structure Conference.

“Community Banking and Mortgage Credit Availability: The Impact of CRA Agreements” (with Raphael W. Bostic). 2004 Proceedings of the Federal Reserve Bank of Chicago Bank Structure Conference.

“What Makes CRA Agreements Work? A Study of Lender Responses to CRA Agreements” (with Raphael W. Bostic). 2003 Proceedings of the Board of Governors Community Development Conference.

"Market Reaction to Dividend Changes: The Case of Too-Big-To-Fail" (with Harold A. Black and M. Cary Collins). 1993 Proceedings of the Academy Financial Services.

Contact Us

Baltimore

Breck Robinson
(410) 951-4660