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Discri 01 ination in Mortgage Lending : What Have We Learned ?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Longhofer, Stanley D. |
| Copyright Year | 2015 |
| Abstract | Ir has now been nearly four years since researchers at the Federal Reserve Bank of Boston released their groundbreaking study on residential mortgage lending patterns in that city. 1 Their findings showed that black and Hispanic applicants were over 50 percent more likely to be denied a mortgage loan than whites, even after taking into account many factors relevant to the credit-granting decision. In the end, they concluded that this disparity was the result of taste-based discrimination (bigotry) on the part of lenders active in the area. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.clevelandfed.org/~/media/content/newsroom%20and%20events/publications/economic%20commentary/1996/ec%2019960815%20discrimination%20in%20mortgage%20lending%20pdf.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
