BANKS UNFAIRLY DENY MORTGAGES TO AFRICAN AMERICAN AND LATINOS. Struggle for black and Latino mortgage applicants suggests modern. banks face probes for Refusing Home Loans for People of.
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Philadelphia was one of the largest cities in America where African-Americans were disproportionately turned away when they tried to buy a home. African-Americans and non-Hispanic whites make up a similar share of the population there, but the data showed whites received 10 times as many conventional mortgage loans in 2015 and 2016.
Cuts to federal student loans for graduate and professional students could be devastating to African-Americans and. would impede access for Blacks, Hispanics and other underrepresented groups,
Banks unfairly deny mortgages to African-Americans and Latinos – report law enforcement officials had entered Mozie’s bedroom to arrest her over a $1,500 federal student loan she took out in 1986 to pay for truck-driving school.
https://democracynow.org – A shocking new investigation by Reveal and the Center for Investigative Reporting has uncovered evidence that African Americans and Latinos are continuing to be.
About the same number of African Americans and non-Hispanic whites live in the City of Brotherly Love, but the data showed whites received 10 times as many conventional mortgage loans in 2015 and 2016. Banks also focused on serving the white parts of town, placing nearly three-quarters of their branches in white-majority neighborhoods.
Why Blacks and Hispanics Have Such Expensive Mortgages.. Because banks and other lenders direct these groups toward high-risk, high-priced products. The result is, in part, that blacks and.
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For people of color, banks are shutting the door to homeownership. African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.. teachers, nurses and union craftsmen. Yet in every year from 2012 to 2016, banks.
The report found African-Americans were nearly four times more likely than whites to be arrested for cannabis possession. That study did not report latino arrests because. saying they had been.
The skinny: The St. Louis metro area is racially diverse, home to more than 500,000 African Americans. But over two years, none of the 324 home loans made by First National Bank in Staunton went to an African American or Latino. All nine of its branches are in neighborhoods of the metro area that are at least 89 percent white.
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