Working Paper
Accounting For Racial Differences in Housing Credit Markets
A documentation of racial and neighborhood differences in home mortgage denial rates using data collected under the Home Mortgage Disclosure Act, exploring the extent to which objective lending criteria are responsible for observed differences. The authors find persistent variations in denial rates between white and minority applicants, but emphasize that the HMDA data do not contain enough relevant information to draw any firm conclusions regarding causation.
Suggested Citation
Avery, Robert B. , Patricia E. Beeson, and Mark S. Sniderman. 1993. “Accounting For Racial Differences in Housing Credit Markets” Federal Reserve Bank of Cleveland, Working Paper No. 93-10. https://doi.org/10.26509/frbc-wp-199310
- Share