FHA loans

Are Banks Discriminating Against Latinos?

By | 12/13/2010 - 13:49 | 3 Comments

The National Community Reinvestment Coalition (NCRC) thinks that banks are being unfair to Latinos applying for Federally guaranteed mortgages called FHA loans and the U.S. Department of Housing and Urban Development (HUD) is investigating their claims.

Twenty-two banks are accused of not giving loans to qualified applicants. To be...