fbpx

Reveal: How we identified lending disparities in federal mortgage data

Reveal, February 15, 2018: How we identified lending disparities in federal mortgage data

In 1968, the Fair Housing Act outlawed lending institutions the ability to deny mortgages to people in neighborhoods with large populations of immigrants and African Americans. However, in dozens of cities across the country, African Americans, Latinos, Asians and Native Americans remain more likely to be denied a conventional mortgage than whites.

Reveal’s analysis was based on publicly available data released through the Home Mortgage Disclosure Act, or HDMA, and maintained by the Federal Financial Institutions Examination Council. The act, passed in 1975, requires mortgage lenders to report basic data about loan applications to ensure fair lending practices.

Reveal’s analysis exposed a pattern of denials in major metropolitan areas such as Atlanta, St. Louis and San Antonio and in smaller ones such as Chico, California; Iowa City, Iowa; and Mobile, Alabama.

Print Friendly, PDF & Email

Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

Complete the form to download the full report: