“Prospective borrowers with less wealth and little credit history are now deemed riskier by the automated underwriting systems that dominate mortgage lending these days. As a result, they tend to be denied more often or given higher interest rates … despite the fact that they might well be capable of responsibly making mortgage payments.”

This article examines the prospects for minority-owned businesses for navigating the economic crisis brought by COVID-19, given that they are less likely to have a financial cushion, are concentrated in communities and industries severely affected by the pandemic, and may face particular challenges participating in relief programs.​