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Working Paper

The Decline in Lending to Lower-Income Borrowers by the Biggest Banks


Abstract: Data collected under the Home Mortgage Disclosure Act (HMDA) reveal that the largest banks have significantly reduced their share of mortgage lending to low- and moderate-income (LMI) households in recent years.

https://doi.org/10.17016/2380-7172.2077

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File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/the-decline-in-lending-to-lower-income-borrowers-by-the-biggest-banks-20170928.htm

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2017-09-28

Number: 2017-09-28-1