Dow Jones News Fund summer internships.
Guest speaker Jesse Holland, Associated Press reporter.
–Politics of the race and lending
ACORN, Center for Community Change, GOP study committee, American Bankers Assn.
Passed in 1975 – why then
–Holland’s work with the AP’s Facebook feed.
–Your questions about his recent work
Homework:
–Total the mortgage data for all conventional and FHA/VA loans into a single spreadsheet. That would be Tables 4-1 and 4-2 of the HMDA data.
–Upload a summary table or spreadsheet with the following:
–Column A lists race / ethnicity
–Column B lists total applications
–Column C lists total loans originated
–Column D lists total loans declined
–Column E calculates the rejection rate (declined / applications).
Clearly label your work with dates and a description of the data you have calculated.
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