Home Mortgage Lending to Iowa's Minority Groups
Description
This report analyzes home mortgage loan application data from 2006 as reported under the Home Mortgage Disclosure Act. The rates of loan applications and denials to selected racial and ethnic groups are evaluated. Only those applications where both the race and ethnicity of the applicant were reported by the financial institution are examined in this study. For applications with more than one borrower, only the racial and ethnic characteristics of the first applicant were considered. Applications that did not move beyond the pre-approval process into the formal application process were excluded, as were loans that were purchased but not originated by the reporting financial institutions.
Link to report
Posted: 12 Dec 2008 1:45 PM