Mortgage Banking

Minority lending study completed. (Business Alert).

WHOLESALE ACCESS MORTGAGE RESEARCH & Consulting Inc., Columbia, Maryland, Completed its first full-scale, multiclientsponsored examination of minority lending. Wholesale Access set out to accomplish several objectives, including examining the 2000 census data for information about the size and location of the nation's non-White population; juxtaposing the census data against Home Mortgage Disclosure Act (HMDA) records; reviewing the changing structures of this market and some of the risks inherent in it; and surveying more than 400 lenders and 400 mortgage brokers who serve minority markets.

Sponsors wanted to know whom originators felt were the top wholesalers for …

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