Consumer Rights Talk E4: Disparities in home ownership and interest rates by racial lines.

Consumer Rights Talk - Northeast Law Group, LLC

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In January 2017 the Pew Research Center released a new report analyzing disparity in home ownership and interest rates on first mortgage loans when viewed among racial lines. Sadly, the numbers show a clear difference in both ownership rates and the cost of financing charged to different racial groups in America. The cause could have more to do with pure economics than racial discrimination but the fact that the disparity exists means that America remains divided. The possibility of racial discrimination in lending remains a problem and consumers can take action if they have been victimized based on race. Listen to find out more about the numbers and what they mean.

Read the report:

Pew Research Center Report: Blacks and Hispanics face extra challenges in getting home loans

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#Law #Consumer #Right #Fdcpa #Fcra #Credit #Foreclosure #Adam Deutsch #News