Classifying Applicants for Fair Lending Analyses: What Do the Data Have to Say? (Paperback) (ISBN-13: 9781505375619)

Testing for discrimination in mortgage lending requires classifying consumers into treatment groups and control groups. Although this may seem like a straightforward task, it is actually quite complicated. Home Mortgage Disclosure Act (HMDA) data, the primary source of data for these analyses, contain information on the ethnicity, race, and gender for both primary and coapplicants. In addition, applicants have the option of reporting up to five races. Using these detailed data to construct the standard groups, such as "Black," "Hispanic," and "White," requires subjective decisions on how to appropriately aggregate applications.

Author: Jason Dietrich
ISBN-10: 1505375614
ISBN-13: 9781505375619
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 01/01/2015
Pages: 74
Format: Paperback
Weight: 0.43lbs
Size: 11.02h x 8.50w x 0.15d