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NY1 News

By: evaz@geoffreyknox.com
On: 2008-03-06

Report Says Subprime Mortgage Lenders Target MinoritiesA new report accuses subprime mortgage lenders of going out of their way to target poor and minority areas, including some New York City neighborhoods.

The report was released Thursday by a coalition of research organizations focusing on urban areas. It’s worth noting that the study report looks at 2006 and a lot of changes in lending patterns have happened since. 

(Jim Campen, AFFIL Executive Director, is one of the authors of the report.)  

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