This review article examines the intersection of transparent reporting and equity in mortgage lending, emphasizing the importance of fair access to housing finance for inclusive growth and reducing systemic disparities. The housing market is a cornerstone of economic stability and social mobility, and equitable mortgage lending is essential for fostering inclusive growth. The paper analyzes existing literature, regulatory frameworks, and industry practices to assess the extent to which transparency and equity are upheld in mortgage lending processes. Key metrics such as loan approval rates, interest rates, and access to credit are examined to highlight persistent inequities and identify potential improvements. The role of technology, data analytics, and policy interventions in promoting transparency and equity across the lending lifecycle is explored. The review underscores the urgent need for collaborative efforts from policymakers, financial institutions, and stakeholders to enhance transparency and promote equity in mortgage lending practices. It also discusses the challenges of affordable housing, discriminatory lending practices, and disparities in credit access, and highlights the importance of innovative solutions such as alternative credit scoring models and community-based lending initiatives. The review calls for proactive measures and innovative solutions to address these challenges and promote fairness and inclusivity in mortgage lending. Transparency in mortgage lending is essential for empowering borrowers, promoting accountability, and fostering trust in the financial system. The review emphasizes the need for robust regulatory frameworks, consumer education, and technological advancements to ensure fair and equitable mortgage lending practices.This review article examines the intersection of transparent reporting and equity in mortgage lending, emphasizing the importance of fair access to housing finance for inclusive growth and reducing systemic disparities. The housing market is a cornerstone of economic stability and social mobility, and equitable mortgage lending is essential for fostering inclusive growth. The paper analyzes existing literature, regulatory frameworks, and industry practices to assess the extent to which transparency and equity are upheld in mortgage lending processes. Key metrics such as loan approval rates, interest rates, and access to credit are examined to highlight persistent inequities and identify potential improvements. The role of technology, data analytics, and policy interventions in promoting transparency and equity across the lending lifecycle is explored. The review underscores the urgent need for collaborative efforts from policymakers, financial institutions, and stakeholders to enhance transparency and promote equity in mortgage lending practices. It also discusses the challenges of affordable housing, discriminatory lending practices, and disparities in credit access, and highlights the importance of innovative solutions such as alternative credit scoring models and community-based lending initiatives. The review calls for proactive measures and innovative solutions to address these challenges and promote fairness and inclusivity in mortgage lending. Transparency in mortgage lending is essential for empowering borrowers, promoting accountability, and fostering trust in the financial system. The review emphasizes the need for robust regulatory frameworks, consumer education, and technological advancements to ensure fair and equitable mortgage lending practices.