Applebaum, Binyamin,
Blacks 4 Times More Likely to Pay High Interest Than Whites: Analysis. Binyamin Appelbaum and Ted Mellnik. - Charlotte Observer, 2005. - SIRS Enduring Issues 2006. Article 40, Human Relations, 1522-3248; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Blacks 4 Times More Likely to Pay High Interest Than Whites: Analysis, Aug. 28, 2005; pp. n.p..
"Blacks who bought homes in communities across America last year [2004] were four times as likely as whites to get high interest rates for mortgage loans, according to a Charlotte Observer analysis of records from 25 of the nation's largest lenders." (CHARLOTTE OBSERVER) This article reveals how African Americans often face racial discrimination when getting home loans, noting "federal studies of the lending industry, and federal lawsuits, have repeatedly focused on evidence of discrimination in the lending process."
1522-3248;
African American neighborhoods
African Americans--Economic conditions
Discrimination in housing
Discrimination in mortgage loans
Hispanic Americans--Economic conditions
Interest rates
Loan servicing--Corrupt practices
Race discrimination
AC1.S5
050
Blacks 4 Times More Likely to Pay High Interest Than Whites: Analysis. Binyamin Appelbaum and Ted Mellnik. - Charlotte Observer, 2005. - SIRS Enduring Issues 2006. Article 40, Human Relations, 1522-3248; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Blacks 4 Times More Likely to Pay High Interest Than Whites: Analysis, Aug. 28, 2005; pp. n.p..
"Blacks who bought homes in communities across America last year [2004] were four times as likely as whites to get high interest rates for mortgage loans, according to a Charlotte Observer analysis of records from 25 of the nation's largest lenders." (CHARLOTTE OBSERVER) This article reveals how African Americans often face racial discrimination when getting home loans, noting "federal studies of the lending industry, and federal lawsuits, have repeatedly focused on evidence of discrimination in the lending process."
1522-3248;
African American neighborhoods
African Americans--Economic conditions
Discrimination in housing
Discrimination in mortgage loans
Hispanic Americans--Economic conditions
Interest rates
Loan servicing--Corrupt practices
Race discrimination
AC1.S5
050