The Consumer Financial Protection Bureau released its annual report on residential mortgage lending activity and trends for 2021. The report is based on data are submitted by thousands of the nation’s lending institutions under the Home Mortgage Disclosure Act.
This latest report found a shift from refinance loans in 2020 to home purchase loans in 2021, with a greater share of home purchase loans going to Asian, Black, and Hispanic white borrowers relative to the share of home purchase loans for non-Hispanic white borrowers.
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