Early last year, many Republicans were trying to put the blame for the housing crisis on Rep. Barney Frank of Massachusetts. That’s because Frank was a strong supporter of affordable housing for all, especially those people who at the time couldn’t afford to buy homes. What happened? Banks came up with unique ways for those [...]
Posted on January 06th, 2011 in housing markets
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Posted on December 13th, 2009 in loans
It seems it’s not enough that black people are having it rougher than anyone else when it comes to unemployment. Now it seems that black and Hispanics are both having a tough go of it when it comes to getting fair mortgage rates. A Federal Reserve report came out showing that 54.7% of black borrowers [...]
Tags: Bank of America, Barney Frank, blacks, Chase, Citigroup, discrimination, Federal Reserve, Hispanics, home loans, mortgage rates
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