Such, good 2005 Fed declaration states one handling getting borrowing-related items not based in the HMDA [Home loan Disclosure Act] research, such as credit score results and financing-to-well worth ratios, you are going to then remove unexplained racial otherwise ethnic differences
cuatro. The 1992 Boston Federal Put aside studies figured despite controlling to own monetary, work, and you will community attributes, black and you can Hispanic home loan applicants on the Boston urban urban area is roughly sixty percent more likely to feel turned-down than whites. Continue reading…