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Economic Commentary

Making Judgments About Mortgage Lending Patterns

Studies examining whether mortgage lenders discriminate against borrowers in minority and lower-income areas have traditionally analyzed the relationship between aggregate annual mortgage lending within a neighborhood and the neighborhood’s characteristics. Regulatory-agency compliance examiners make judgments about the mortgage lending procedures adopted by individual lenders. The differences in these two methods of evaluation are not easily reconciled.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Avery, Robert B. 1989. “Making Judgments About Mortgage Lending Patterns” Federal Reserve Bank of Cleveland, Economic Commentary 12/15/1989.