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Economic Commentary

Mortgage Brokers and Fair Lending

Fair-lending issues have gained new prominence over the course of the last decade. Spurred in part by the controversial findings of the now-famous “Boston Fed Study,” financial institutions have come under more intense scrutiny over compliance with fair-lending laws, with the Department of Justice taking action in more than a dozen lendingdiscrimination cases since 1990.

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 paper and its data are subject to revision; please visit for updates.

Suggested Citation

Longhofer, Stanley, and Paul Calem. 1999. “Mortgage Brokers and Fair Lending.” Federal Reserve Bank of Cleveland, Economic Commentary 5/15/1999.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International