(Reuters) - Redlining refers to an illegal practice in the home-mortgage business in which banks base lending decisions on what neighborhood the potential borrower lives in, regardless of other qualifications.
California Democratic Rep. George Miller said in a statement he has written to lenders seeking information "to help determine whether the lenders offer less favorable terms to students at predominately minority colleges, such as historically black colleges and universities."
Read more at Reuters.com Government Filings News
California Democratic Rep. George Miller said in a statement he has written to lenders seeking information "to help determine whether the lenders offer less favorable terms to students at predominately minority colleges, such as historically black colleges and universities."
Read more at Reuters.com Government Filings News
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