significantly underrepresented among mortgage loan officers. Minority borrowers are less likely to complete mortgage applications … reduced when minority borrowers work with minority loan officers. In addition, minority borrowers working with minority loan … suggest that the underrepresentation of minorities among loan officers has an adverse effect on minority borrowers’ access to …

disproportionately offered in minority communities. Accordingly, some economists argue that the crisis is the result of government … mortgage lending is higher in minority areas, the estimated mortgage foreclosure rate is lower in these areas. This evidence is … inconsistent with the contention that regulations encouraging lending in minority areas contribute to the subprime foreclosure …