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('05 City of Cuyahoga Falls, Ohio 44 AA o 8A Analysis of Impediments to Fair Housing Choice 9 MOAB the applicant. In most cases this means that the applications were taken over the phone or on the internet since, which is one of the ways that sub prime lenders accept applications However it is still a concern that the minority population is 4.6% of the total population and yet only 2.1 % of conventional home purchase applications were from minorities in 2002. Whites had an ration of applications to population of 1.2, while minorities had a rate of 2.1. Even considering the fact that the minority population is small it would be expected that applications would have been better Table 33 shows how those applications fared. It is one thing to get in the door to make an applications but what happens to that application after it was submitted. Table 33 - Action on Applications By Race In 2002 origination rates for Whites versus Blacks and other minorities is higher. Blacks had more than 33% of their applications approved compared to 81.9% for Whites. Considering the small number of Black applications it would have been hoped that originations would be higher. When the number of applications is so small as to be statistically non important then the decent rates of originations or denials means little. Frankly, it would be expected that with the changes in today's lending market and the awareness of lenders of fair lending issues and programs that the service to the minority community in Summit County and in Cuyahoga Falls would have been better. The City does have the ability to review Home Mortgage Disclosure Act data for all lenders that are participating in mortgage lending in the City. They can do this by annual HMDA reviews using available software such as was used for this report or looking up specific lenders on the Federal Reserve's web site or even by requesting copies of local lenders HMDA reports By conducting such reviews the City can have a better awareness of the lending market, 2002 Race Applications Originations Denials Number Percent Number Percent Number Percent White 829 76.3% 679 81.9% 49 5.9% Black 12 1.1% 4 33.3% 3 25.0% Other Minorities 10 0.9% 6 60.0% 2 20.0% Not Available 217 20.0% 180 I 82.9% 13 f 6.0% In 2002 origination rates for Whites versus Blacks and other minorities is higher. Blacks had more than 33% of their applications approved compared to 81.9% for Whites. Considering the small number of Black applications it would have been hoped that originations would be higher. When the number of applications is so small as to be statistically non important then the decent rates of originations or denials means little. Frankly, it would be expected that with the changes in today's lending market and the awareness of lenders of fair lending issues and programs that the service to the minority community in Summit County and in Cuyahoga Falls would have been better. The City does have the ability to review Home Mortgage Disclosure Act data for all lenders that are participating in mortgage lending in the City. They can do this by annual HMDA reviews using available software such as was used for this report or looking up specific lenders on the Federal Reserve's web site or even by requesting copies of local lenders HMDA reports By conducting such reviews the City can have a better awareness of the lending market,