[CIVIL.REG.,052797,0800]

Mortgage Lending Study

(Iowa Civil Rights Commission; 05/27/97; 0800)

IOWA CIVIL RIGHTS COMMISSION FINISHES MORTGAGE LENDING STUDY

The Iowa Civil Rights Commission (ICRC) has recently completed an 18-month study of mortgage lending practices in eight of Iowa's largest cities (Cedar Rapids, Council Bluffs, Davenport, Des Moines, Dubuque, Iowa City, Sioux City, and Waterloo/Cedar Falls).

In the course of the study, funded by the U. S. Department of Housing and Urban Development, the ICRC reviewed and analyzed mortgage lending activity data, conducted hundreds of interviews, calculated community segregation indices, conducted on-site race and national origin fair lending tests, and reviewed and compared loan application case files.

The ICRC has scheduled meetings in each of the eight communities to share the results of the study. The meetings, dates/times/locations listed below, are open to the public.

Cedar Rapids - June 9, 1997 Days Inn Conference Center 2501 Williams Blvd. 6:00 p.m. - 8:00 p.m.	Iowa City - June 19, 1997 Iowa City Public Library 123 S. Linn St. 6:00 p.m. - 8:00 p.m.
Dubuque - June 11, 1997 Midway Hotel Holiday Inn 3100 Dodge St. 6:00 p.m. - 8:00 p.m.	Sioux City - June 23, 1997 Holiday Inn I-29 and Hamilton Blvd. 6:00 p.m. - 8:00 p.m.
Davenport - June 12, 1997 Davenport Holiday Inn 5202 Brady St. 6:00 p.m. - 8:00 p.m.	Council Bluffs - June 25, 1997 Best Western Metro 6:00 p.m. - 8:00 p.m.
Waterloo/Cedar Falls - June 16, 1997 Waterloo Recreation and Art Center 225 Commercial 6:00 p.m. - 8:00 p.m.	Des Moines - June 26, 1997 Botanical Center - Swartz Room 909 E. River 6:00 p.m. - 8:00 p.m.

For more information about ICRC's Mortgage Lending Study, please call Don Grove at 515-281-8084.

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(Contact: Don Grove 515-281-8084)

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