To possess a life threatening comment, select Squires (2005)

Like, a beneficial 2005 Given report states you to definitely managing for borrowing-associated factors not found in the HMDA [Mortgage loan Disclosure Work] studies, such as for instance credit rating ratings and you can mortgage-to-worthy of percentages, you’ll subsequent eliminate unexplained racial or cultural variations

cuatro. Brand new 1992 Boston Government Reserve analysis determined that even after controlling to possess financial, a job, and you can society attributes, black and you can Hispanic financial applicants in the Boston metropolitan area is actually roughly sixty percent expected to be turned-down than simply whites.

5. Whether or not managing getting instance additional factors tend to totally take into account all leftover distinctions try uncertain (Avery, Canner and you will Cook 2005, 393).