Emerging markets: from public relations to practical remedies.

Mortgage BankingVol. 67 Nbr. 11, August 2007

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Emerging markets: from public relations to practical remedies.

At the end of this August or in early September, the Home Mortgage Disclosure Act (HMDA) data for 2006 will be released by the Federal Financial Institutions Examination Council (FFIEC), detailing much of the home mortgage lending activity conducted in the United States. These are the most frequently used data for analyzing lending patterns in various ethnic and racial communities.

Shortly thereafter, various consumer advocacy groups will likely release their own analyses of the data--probably criticizing mortgage lenders about the disparity in home mortgage lending between whites and minor...

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