Truth in Business and Home Lending Discrimination

Business & Finance
Cover of the book Truth in Business and Home Lending Discrimination by Wilbert Smith Jr, AuthorHouse
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Author: Wilbert Smith Jr ISBN: 9781467861946
Publisher: AuthorHouse Publication: January 2, 2008
Imprint: AuthorHouse Language: English
Author: Wilbert Smith Jr
ISBN: 9781467861946
Publisher: AuthorHouse
Publication: January 2, 2008
Imprint: AuthorHouse
Language: English

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.

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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.

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