Monday, 26 September 2022 | The Latest Buzz for the Appraisal Industry

Examining Racial Barriers in Homeownership

While mortgages are denied for people of all races, a new LendingTree analysis of 2020 Home Mortgage Disclosure Act (HMDA) data found that the share of Black homebuyers who have their mortgage requests denied is notably higher than the share of the overall population who sees the same. One obstacle Black Americans disproportionately face is …

The post Examining Racial Barriers in Homeownership appeared first on DSNews.

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