At the Annual Convention in October, the Mortgage Bankers Association announced a new policy initiative, Building Generational Wealth Through Homeownership, aimed at “providing industry leadership and direction for reducing the racial homeownership gap; developing and supporting policies that support sustainable homeownership for communities of color; and promoting fair, equitable, and responsible lending for minority borrowers.” However, for many lenders, there is a lack of understanding of how their own lending activity impacts the homeownership gap since it wasn't measured within their organization. Since it's difficult to improve what you don't measure, there is a large initiative amongst lenders to understand where they currently stand so they can strive to improve.

Lyubomira Buresch, CMB and Greg Oliven of Polygon Research are working with leading lending organizations to access the vast amount "open-but-complex" HMDA, Census, and other public data sets and leveraging modern technology to deliver lending and demographic analysis. Listen in to hear more. 

Visit Polygon Research at https://polygonresearch.com/ to learn more about how they can help you.