Homebuyer tax credit may explain surge in lending to less affluent

Studies: Minorities more likely to get subprime loans, end up in foreclosure

Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018

I was scanning two recent studies of the U.S. housing market that focused on what some might call "vulnerable communities" or "vulnerable population groups," and at first I wasn’t discerning any real surprises, but after closer scrutiny I came to realize one of the two reports had some real eye-opening statistics.

The first study I looked at was produced by the Center for Responsible Lending and is called "Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures"; the second was done by New York University’s Furman Center for Real Estate and Urban Policy, and was titled, "Mortgage Lending in Vulnerable Communities: A closer look at HMDA (Home Mortgage Disclosure Act) 2009."