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},
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… Expand
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