Saturday, October 27, 2007

Income is No Shield Against Racial Differences in Lending

Income is No Shield Against Racial Differences in Lending
For example, in 167 metropolitan areas, middle- and upper-income (MUI) African-Americans were found to be twice as likely or more than twice as likely than MUI whites to receive high-cost loans. In contrast, low- and moderate-income ... Income is No Shield Against Racial Differences in Lending

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