Declining Credit and Growing Disparities: Key Findings from HMDA 2007 


 

Publication Date: October 2008

Publisher: Furman Center for Real Estate

Author(s): Furman Center for Real Estate and Urban Policy

Research Area: Social conditions

Keywords: race; subprime lending; Affordable Housing

Type: White Paper

Abstract:

This analysis evaluates a recent decline in home purchase and refinance lending activity in New York City and the country as a whole, and identifies disparities in how that decline in lending has affected borrowers of different races.