• Corpus ID: 53004718

Mortgage Lending in Boston: Interpreting HMDA Data

  title={Mortgage Lending in Boston: Interpreting HMDA Data},
  author={Alicia Haydock Munnell and Geoffrey M. B. Tootell and Lynn Elaine Browne and James P. 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… 

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