Further research to explore these questions and their possible connection to disparities in lending to members of minority groups would be highly worthwhile. In fact, the Federal Reserve’s upcoming Community Affairs Research Conference will feature several papers that explore these issues.
5  1  Estimates are based on information from Inside Mortgage Finance Publications (2005 and earlier years), Mortgage Market Statistical Annual (Bethesda, Md. : IMFP), www.imfpubs.com  2  Calculations by Federal Reserve Board staff from the Federal Reserve Board’s Survey of Consumer Finances, 1995 and 2004.