Mortgage Loan Denial Rates 2021 Are a Percentage by Race or Ethnicity

The Atlanta Journal Constitution published an article in May of 1988 documenting racial disparities and mortgage lending in Georgia's most populous city. A recent analysis by Bloomberg News found that Wells Fargo, a bank approved less than half of refinancing applications filed by black homers in 2020 compared with nearly three quarters of those filed by white customers. "So much has changed in the 35 years since I can't tell you exactly what because there's a big pop up blocking it," he says.