Truth in Business and Home Lending Discrimination
Author | : Wilbert Smith Jr. |
Publisher | : |
Total Pages | : 84 |
Release | : 2007-12 |
ISBN-10 | : 1434347982 |
ISBN-13 | : 9781434347985 |
Rating | : 4/5 (82 Downloads) |
Download or read book Truth in Business and Home Lending Discrimination written by Wilbert Smith Jr. and published by . This book was released on 2007-12 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the existence of statistical disparities between whites and minorities in the extension home mortgage loans is acknowledged by all parties, disagreement exists as to the reasons for these disparities. Equal opportunity activists contend that racial discrimination by mortgage lending institutions is a contributing, if not the primary, source of these patterns. Other parties, however, suggest that the patterns reflect fundamental differences in the economic circumstances of population groups.