Mortgage Rejections Rise For Minorities, New Study Reports

November 1998
Jet;11/30/98, Vol. 95 Issue 1, p4
Looks at results of a study released by the Association of Community Organizations for Reform Now (ACORN). Finding that minorities were denied mortgages in greater numbers than whites from 1995 to 1997; The use of data from the United States Department of Housing and Urban Development for the study; The percentage of mortgage applications by blacks that were rejected in 1997; Finding that minorities received a higher rate of government-backed mortgages.


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