Dr. C. Aujean Lee, an Assistant Professor in the Regional + City Planning Department, recently co-authored the article, “Fintech’s relationship with subprime lending in immigrant gateway metropolitan areas,” in the Journal of Urban Affairs. Dr. Lee and her collaborator Tyler Haupert looked at the all-online mortgage loan application process known as fintech loans and found that immigrant gateways are associated with higher rates of subprime lending than areas with low rates of immigration.
The study suggests that metropolitan and tract-level racial and ethnic patterns remain key factors in shaping subprime lending rates in a rapidly evolving mortgage credit market. These findings highlight the continuing importance of race and ethnicity in lending and the need for monitoring discrimination in evolving financial technology.
Read the full article in the Journal of Urban Affairs. Congratulations to Dr. Lee on her publication!
Abstract
Financial technology lending (fintech) is a subset of the mortgage industry characterized by all-online application processes and the inclusion of non-traditional applicant data in underwriting decisions. While national studies suggest that fintech lenders mimic traditional lenders and distribute subprime loans to minority borrowers and neighborhoods at higher rates than to white borrowers and neighborhoods, these studies exclude regional differences by race/ethnicity and nativity. We assess variation in neighborhood-level fintech and traditional subprime lending rates across immigrant gateway metropolitan areas. Using Home Mortgage Disclosure Act (HMDA) data, we find that immigrant gateways are associated with higher rates of subprime lending than metropolitan areas with low rates of immigration. Results suggest that neighborhood-level composition of Asian and Latinx residents mediate the relationship between subprime lending and immigrant gateways in distinct ways depending on lender type. Findings suggest metropolitan and tract-level racial and ethnic patterns remain key factors in shaping subprime lending rates in a rapidly evolving mortgage credit market.
A team of Construction Science and Architecture students from the Gibbs College of Architecture made their mark on the national stage this week, earning third place out of 37 universities competing at the National Association of Home Builders (NAHB) Student Competition, held during the International Builders' Show in Orlando, February 16-18, 2026.
The American Institute of Architects (AIA) has elevated Gary Armbruster, FAIA, ALEP to its prestigious College of Fellows—AIA’s highest membership honor—for his exceptional work and sustained contributions to architecture and society. Fellowship recognizes architects who have achieved a standard of excellence in the profession and made a significant impact at a national level. Members elevated to this distinction carry the FAIA designation after their name.
Students from the Spring 2026 Graduate 4 Architecture Design Studio, led by Professor Amy Leveno, exhibited their work at the School of Visual Arts. The exhibition, titled Reimagining the OU School of Visual Arts, featured drawings, models, and animations developed throughout the semester's studio project. The show was hosted in The Spotlight, a creative gallery space located on the first floor of the Fred Jones Art Center, and ran from January 20–30, 2026.
