An examination of how and why individual financial institutions vary in their propensity to attract and approve mortgage applications from minorities, using Home Mortgage Disclosure Act data.

In fall 2005, the Board of Governors of the Federal Reserve System published its first study of the new Home Mortgage Disclosure Act (HMDA) interest-rate data. The study included extensive national analyses of mortgage pricing patterns across racial and ethnic groups. The findings confirmed a...

In March, the first data reflecting changes to the Home Mortgage Disclosure Act became available to the public. Anna Afshar summarizes the new data’s features, the intent of the changes, and the limits of interpretation.