A Tale of Two Mortgage Cities, New York and Los Angeles

Whites received less than half the mortgages originated in the nation’s two most populous cities in 2015. According to data in LendingPatterns™, whites received about 46 percent of mortgages in New York City, the nation’s largest, and 49 percent in runner up Los...

A Tale of Two More Mortgage Cities

The nation’s third and fourth most populous cities, Chicago and Houston, are similar in population (both between two and three million) and in the dollar volume of mortgages made in them in 2015 (Chicago $17.8 billion, Houston $17.1 billion, purchased mortgages not...

Mortgage Denials Tilted Toward Refis in 2015

Potential borrowers were more than twice as likely to see their applications for refinancing dollars denied in 2015 as apps for purchase finance. A look at LendingPatterns™ shows $280 billion of refi denials that year, with just $127 billion of requests for purchase...