This comprehensive review examines the critical intersection of transparent reporting and equity in mortgage lending, emphasizing the importance of these principles for fostering inclusive growth and mitigating systemic disparities. 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 scrutinized to identify persistent inequities and potential avenues for improvement. The role of technology, data analytics, and policy interventions in promoting transparency and equity across various stages of the lending lifecycle is also explored. The review underscores the urgent need for concerted efforts from policymakers, financial institutions, and stakeholders to enhance transparency and promote equity in mortgage lending practices. By addressing challenges such as limited access to affordable housing, discriminatory lending practices, and disparities in credit access, the pursuit of transparent reporting and equity in mortgage lending can lead to a more inclusive and resilient housing finance system. The review concludes with a call for collaborative initiatives and innovative solutions to promote transparency and equity in mortgage lending practices.This comprehensive review examines the critical intersection of transparent reporting and equity in mortgage lending, emphasizing the importance of these principles for fostering inclusive growth and mitigating systemic disparities. 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 scrutinized to identify persistent inequities and potential avenues for improvement. The role of technology, data analytics, and policy interventions in promoting transparency and equity across various stages of the lending lifecycle is also explored. The review underscores the urgent need for concerted efforts from policymakers, financial institutions, and stakeholders to enhance transparency and promote equity in mortgage lending practices. By addressing challenges such as limited access to affordable housing, discriminatory lending practices, and disparities in credit access, the pursuit of transparent reporting and equity in mortgage lending can lead to a more inclusive and resilient housing finance system. The review concludes with a call for collaborative initiatives and innovative solutions to promote transparency and equity in mortgage lending practices.