Monday, July 27, 2020

The Surprising Ways Race Remains a Factor in Mortgage Lending | realtor.com®

The Surprising Ways Race Remains a Factor in Mortgage Lending | realtor.com®

“There are many practices that lenders can engage in to accomplish the same thing as literal redlining," says Evan McKenzie, a political science professor at the University of Illinois at Chicago. "These are very hard to discover. They're practices in a bank that everyone knows they're doing. But it's not stated policy."

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