Florida Home Loan Mortgage Mortgage Rate Refinancing Credit NAACP joins effort to stop mortgage bias (The State) by A Mortgage

Thu, 30 Oct 2008 07:00:09 -0600

Florida Home Loan Mortgage Mortgage Rate Refinancing Credit NAACP joins effort to stop mortgage bias (The State)

by A Mortgage @ Thu, 30 Oct 2008 07:00:09 -0600

The S.C. State Conference of the National Association for the Advancement of Colored People joined a national Day of Action this week against discriminatory mortgage lending practices. The national NAACP filed a class action lawsuit a year ago against 17 of the nation’s largest lenders alleging African-Americans were given higher mortgage interest rates than others despite having similar credit ... Looking for a home mortgage usually involves you, your money, and a bank officer or a mortgage broker. So what's the big deal? You ask. The end result is the same - you get a mortgage; you get a new house. But these two job types are different and it is important that you at least understand that difference.


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