Home Mortgage Lending

For most families, the decision to buy a home constitutes the most important financial decision of their life.  Building equity through homeownership forces a family to sace.  Ideally, homeownership helps a family build an important asset.  This is why the ability to access safe mortgage products is so important.

Reinvestment Partners has worked to develop lending agreements with banks that have helped to secure $40 billion in capital for home mortgages for low-income and minority borrowers.

Today, our advocacy continues.  For the last four years, Reinvestment Partners has worked with a team of partners across the country to develop the Paying More for the American Dream series.

2011: Paying More for the American Dream V - The Persistence and Evolution of the Dual Mortgage Market

2010: Paying More for the American Dream IV - The Decline of Prime Mortgage Lending in Communities of Color

2009: Paying More for the American Dream III - Promoting Responsible Lending to Lower-Income Communities and Communities of Color

2008: Paying More for the American Dream II - The Subprime Shakeout and Its Impact on Lower-Income and Minority Communities

2007: Paying More for the American Dream - A Multi-State Analysis of Higher Cost Home Purchase Lending

HMDA Reform

Reinvestment Partners is engages in a discussion to reform the Home Mortgage Disclosure Act

Read Adam Rust's comments made to the Federal Reserve Bank of Atlanta in the summer of 2010: http://www.federalreserve.gov/communitydev/hmda_agenda20100715.htm

Read Rust's 2009 paper, published by the federal Reserve Bank of Boston and of San Francisco: http://www.frbsf.org/publications/community/cra/principlebased_redesign_hdma_cra_%20data.pdf