“The share of mortgages for home purchases issued in Massachusetts in 2022 to Latino and Black homebuyers were roughly equal to their share of the state’s overall population — 12 and 7 percent, respectively, according to the new report from the Partnership for Financial Equity and the Woodstock Institute. Authors said that’s a mark of decades of work to reduce the state’s still-daunting racial homeownership gap; while almost 70 percent of white households in Massachusetts own their home, according to Census data, only roughly 38 percent of Black households do.”
Banker & Tradesman: Advocate: Mass. Banks, CUs Have Growth Opportunity in Gateway Cities
“An analysis of 2022 Home Mortgage Disclosure Act data by The Woodstock Institute, commissioned by Callahan’s nonprofit,…
More