Unfortunately, the data collected for this research report don’t show any of the basic information about the loan applications. The only conclusion that could be drawn from the report is that in this particular scenario, women were less likely to have loans originated for a mortgage then males who applied around the same time.
Since none of the basic underwriting criteria related to these applications was included in the data, the results should be taken with a grain of salt. For example, the research doesn’t contain details about the value of the property, the range of credit scores for applicants, or the debt-to-income ratio for those applicants.
The lack of such information has led those involved in the study to hold back on making any generalized accusations about mortgage lenders being less willing to loan to women. Particularly since details on credit score were missing, it’s not clear the extent to which other factors related to the application influenced the outcome.
That being said, the vice president of the nonprofit generating this report reported that the data can be a starting point for understanding in greater detail trends about mortgage application approval. Ideally, this research study could be an important foundational piece of work for regulators to explore current issues in the mortgage lending industry.