Corpus ID: 53004718

Mortgage Lending in Boston: Interpreting HMDA Data

  title={Mortgage Lending in Boston: Interpreting HMDA Data},
  author={A. Munnell and Geoffrey M. B. Tootell and L. Browne and James McEneaney},
  journal={The American Economic Review},
  • A. Munnell, Geoffrey M. B. Tootell, +1 author James McEneaney
  • Published 1992
  • Economics
  • The American Economic Review
  • The results of this study indicate that minority applicants, on average, do have greater debt burdens, higher loan-to-value ratios, and weaker credit histories and they are less likely to buy single-family homes than white applicants, and that these disadvantages do account for a large portion of the difference in denial rates. Including the additional information on applicant and property characteristics reduces the disparity between minority and white denials from the originally reported… CONTINUE READING
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