It’s been a tumultuous time for the U.S. housing market. COVID-19 and widespread remote work transformed housing preferences overnight, with people moving out of urban cores and demanding more space. Low interest rates spurred record numbers of home purchases and refinances. Then came the slump as interest rates rose, housing supply remained low, and new headwinds in construction and labor costs materialized. i In this snapshot of mortgage lending by minority depository institutions (MDIs),...

At the National Bankers Association, we know that banking matters: it gives people a safe place to store their money, provides opportunities to invest and build wealth, and facilitates capital circulation in the local economy. The association is also committed to expanding access to the essential services that banks provide to their communities. This is now easier, thanks to recently published data on banking deserts. The new Federal Reserve dashboard identifies neighborhoods without any bank...