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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) A new trap awaits mortgage borrowers A new trap awaits mortgage borrowers When Robbin and Barry Good applied to refinance the short-term loan on their Northville, Mich., home, they put up $500 to "lock in' a 9 3/4 percent rate fo...(Continue Reading)Refinancing fumbles: as more homeowners take advantage of low interest rates, overworked banks and mortgage brokers are making errors that could cost you Never mind baseball--with interest rates at near-record lows, refinancing has become the national pastime. In 2002, roughly $2.24 trillion worth of home mortgages were financed, and nearly 60 perce...(Continue Reading)New York Mortgage Company offering lower rates - Brief Article In a move to penetrate a lending sector dominated by the private banking units of major institutions, The New York Mortgage Company LLC has begun offering ......(Continue Reading)Smoke and mirrors - mortgage-lending discrimination - Brief Article Clinton announcement $6.5 billion mortgage discrimination settlement in dispute Well, it certainly sounded like good news at the time. The question ......(Continue Reading)
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