Appelbaum, Binyamin,
Many Lenders Are Not Banks, Not Carefully Monitored. Binyamin Appelbaum. - Charlotte Observer, 2005. - SIRS Enduring Issues 2006. Article 40, Human Relations, 1522-3248; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Many Lenders Are Not Banks, Not Carefully Monitored, Aug. 29, 2005; pp. n.p..
"Critics say the disparities found in the study show federal law increasingly fails to motivate market-rate lenders to make more loans in minority neighborhoods. They are also concerned the new high-rate industry, which serves minority neighborhoods disproportionately, is not watched as carefully by federal regulators." (CHARLOTTE OBSERVER) The author relates how advocates want more federal regulation for high-rate lenders in order to protect the minority customers they often serve.
1522-3248;
Discrimination in mortgage loans
Interest rates
Loan servicing--Corrupt practices
Loan servicing--Costs
Mortgage banks
Predatory lending
North Carolina--Legislature
AC1.S5
050
Many Lenders Are Not Banks, Not Carefully Monitored. Binyamin Appelbaum. - Charlotte Observer, 2005. - SIRS Enduring Issues 2006. Article 40, Human Relations, 1522-3248; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: Many Lenders Are Not Banks, Not Carefully Monitored, Aug. 29, 2005; pp. n.p..
"Critics say the disparities found in the study show federal law increasingly fails to motivate market-rate lenders to make more loans in minority neighborhoods. They are also concerned the new high-rate industry, which serves minority neighborhoods disproportionately, is not watched as carefully by federal regulators." (CHARLOTTE OBSERVER) The author relates how advocates want more federal regulation for high-rate lenders in order to protect the minority customers they often serve.
1522-3248;
Discrimination in mortgage loans
Interest rates
Loan servicing--Corrupt practices
Loan servicing--Costs
Mortgage banks
Predatory lending
North Carolina--Legislature
AC1.S5
050