Banks unfairly deny mortgages to African-Americans and Latinos

African-Americans and Latinos are being disproportionately denied mortgage loans from eight major banks in comparison with white Americans. The disparity points to a major racial bias in bank mortgage lending across the US. Black mortgage applicants were rejected by lenders at significantly higher rates than white Americans in 48 cities, Latinos in 25, Asians in … Continue reading Banks unfairly deny mortgages to African-Americans and Latinos