Although results from the 2004 SCF are not available, data reported under the Home Mortgage Disclosure Act indicate that home-purchase lending to lower-income families increased 11 percent between 2001 and 2003. These data also reveal a 17 percent increase in home mortgage loans to African-Americans and a 30 percent increase in home mortgage loans to Hispanics.
[…] Given the high degree of interconnectedness and the risk of contagion, this challenge demands not just an adequate capitalization of national banking systems but also convincing solutions that are coordinated across Europe.” In principle, adequate capital buffers strengthen the resilience of the financial sector, because they interrupt the sequential failure of institutions and mitigate contagion risks.