An analysis of new federal mortgage lending data confirms that high cost subprime lending tends to be concentrated in minority communities and to African American and Hispanic borrowers. Reinvestment Alert 28 is based on new 2004 HMDA data which includes pricing information for subprime loans.
Reinvestment Alert 28 - New Mortgage Pricing Data Sheds Light on Subprime Market
Contributing Organization(s): Woodstock Institute
Author(s)/Creator(s): Geoff Smith
Publishing Date: 2005-05-10
Issue Areas: Housing and Homelessness; Race and Ethnicity
Ownership/Rights Info: Copyright 2008 Woodstock Institute. All rights reserved.
File info: 7 pages; 613.79 KB file size
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Intended Audience: Advocates; General Public; Legislators/Legislative Aids; Policy Professionals
Type/Format: Survey
Language code: English
Type/Format: Survey
Language code: English
Votes: 2 | Average Rating: 3
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