The great boom in home-loan refinancing passed by a higher percentage of minorities who own homes in Chicago than it did white homeowners, according to a report released Thursday.

An analysis of 1992 Home Mortgage Disclosure Act data by the Woodstock Institute, a local advocacy group, shows minority people who own homes applied for loan refinances at a much lower rate then did whites. The study also shows those homeowners' applications were rejected at a far higher rate than were whites'.

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