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Mortgage company to make home loans to poor blacks - $115 million settlement by Fleet Finance Inc. following state investigation - Brief Article
A mortgage lending company accused of preying on poor Black people has agreed to set aside $70 million for low-cost home loans and pay $164 to each of more than 18,000 borrowers. The $115 million...(Continue Reading)Assault on the mortgage lenders: in the name of racial justice, the Clintonites want the power to decide who gets a home of his own - efforts to impose
Pres Clinton and Attorney General Janet Reno want to force banks to make loans to minorities even if they would not qualify for loans under normal circumstances....(Continue Reading)Hitch A Ride Home - mortgage program allows people who buy homes near mass transit to obtain larger loan amounts - Brief Article
MORTGAGES | Hunt for a house near a bus stop or a train station, and tack on a MASS-TRANSIT BONUS to your loan. LOCATION is critical when you're buying ......(Continue Reading)Discreditable reports: are bankers letting racism interfere with profits? Now that would be news - how a Washington Post three-part report, June 6-8, 1993,
The Washington Post abused facts about mortgage loans to African Americans to show that banks favor white applicants. Banks make loans based upon credit ......(Continue Reading)Whitney Houston's company makes successful bid for Bobby Brown's Atlanta home
Houston's company Nippy Inc bought her husband's home for $240,000. She must also pay the $650,000 first mortgage on the house that Brown could not pay....(Continue Reading) |
