Lender-said reasons for financial denials weart establish racial disparities
Blog post Features
- Loan providers need report reasons for denying home loan programs
- Most often advertised denial factors differ by the candidate race
- Racial disparities when you look at the recognition pricing persevere just after controlling for those variations
Lender-stated assertion reasons dispute which includes popular hypotheses regarding the racial disparities from inside the old-fashioned home loan approvals. Read more