An investigation into Racial Discrimination in Mortgage Lending: Loading HMDA Data into Google Colab
https://sites.google.com/view/vinegar...
The Boston HMDA dataset: taking a deep dive with Exploratory Data Analysis using R tidyverse and Python
According to Ladd (1998) the Home Mortgage Disclosure Act (HMDA) was enacted to monitor minority and low-income access to the mortgage market. Starting in 1975, the Home Mortgage Disclosure Act (HMDA) required lenders to report information on their mortgage lending by Census tract. The data collected in 1990 for this purpose show that minorities are more than twice as likely to be denied a mortgage as whites. Yet variables correlated with both race and creditworthiness were omitted from these data, making any conclusion about race's role in mortgage lending impossible. The Federal Reserve Bank of Boston collected additional variables important to the mortgage lending decision and found that race continued to play an important, though a significantly diminished, role in the decision to grant a mortgage. To supplement HMDA data, Munnell, Tootell, Browne, and McEneaney (1996) at the Boston Fed sought the cooperation of lenders throughout the Boston metropolitan area.