Are Lenders Steering Minority Homebuyers Away from GSE Loans? (National Mortgage News)

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By Brian Collins

July 24, 2012

 

Seven affordable housing groups are urging the Department of Justice, HUD and federal regulators to investigate whether the prevalence FHA and VA lending in minority neighborhoods—and the low percentage of conventional lending—is a result of racial steering.

 

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Study finds minority homebuyers get fewer conventional loans (Cleveland Plain Dealer)
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Blacks and Latinos Steered to Government-Backed Loans: Report (American Banker)

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