Mortgage Lending in Cleveland
Since the early 1990s, tremendous strides have been made in improving minority access to mortgage credit. Based on data made available through the Home Mortgage Disclosure Act (HMDA), raw denial rates of black and Hispanic mortgages applicants in the Cleveland area were nearly halved between 1990 and 1995, the latest year for which data are available.
Suggested citation: “Mortgage Lending in Cleveland,” Federal Reserve Bank of Cleveland, Economic Trends, no. 97-07, pp. 07, 07.01.1997.