Wealthier minorities more likely than white counterparts to receive subprime loans, study finds

Wealthier minorities were more likely to receive subprime loans than were affluent whites, according to a New York University study of Home Mortgage Disclosure Act data from 2006 -- the peak of the previous decade's housing boom. Moreover, black and Latino applicants were more likely to be denied prime loans -- even after controlling for gender and income.

Fuente : http://www.eurekalert.org/pub_releases/2013-08/asa...

Wealthier minorities more likely than white counterparts to receive subprime loans, study finds

{{date}} {{title}}