Sentences with phrase «loans than white»

The settlement stems from Toyota dealerships charging certain nonwhite customers higher interest rates on their auto loans than white customers.
After controlling for other factors, Faber found black applicants were 2.8 times more likely to be denied loans than white applicants, while Latino applicants were twice as likely to be denied.
Studies have shown that women are more likely than men to have subprime mortgages, and Black and Latina women have more subprime home loans than white women.
It said an internal review of its lending patterns found that, after taking into account creditworthiness, its black and Latino applicants were no more likely to be denied loans than white applicants.
The analysis is part of Reveal's ongoing coverage of modern - day redlining in America, which found 61 metro area s, from Jacksonville, Florida to Tacoma, Washington, where people of color were significantly more likely to be denied a conventional home loan than their white counterparts.
For applicants that qualified for loans, black and Latino applicants were 2.2 times more likely to receive a subprime loan than white applicants.
Denver's numbers mirror the national trend — nationwide, black and Hispanic borrowers were about twice as likely to be denied a conventional loan than white borrowers, according to HMDA data.

Not exact matches

The real estate scion - turned - White House advisor also failed to report loans totaling at least $ 1 billion from more than 20 lenders to properties and companies he co-owns.
Latinos should be proud that it's harder for them to get a bank loan, and that the SBA has more trouble reaching them than, say, white folk.
«You see a higher share of people with student loan debt in predominately non-white areas than white areas.»
It showed Berkshire Hathaway's mortgage companies took in a far greater proportion of their conventional loan applications from white homebuyers than their competitors in its largest markets in 2015 and 2016.
To be clear, other than the size of the loan — which is way out of the normal range for a typical Apollo loan — nothing on its face suggests anything nefarious... but at the very least, there are some ethical questions with Kushner using the White House as a place to have meetings with people that then turn around and invest in Kushner's private business ventures.
No fewer than 12 Tottenham Hotspur players are currently plying their trade away from White Hart Lane on loan deals that expire at the end of the season.
Having spent the second half of last season on loan at Ipswich Town and featured in nothing more prestigious than the League Cup for Spurs this season, the Mexican midfielder is about as popular with Harry Redknapp as a Jermain Defoe stamp on Aaron Mokoena and will probably be the latest player to travel the well - worn furrow between White Hart Lane and Fratton Park.
The acting director of the Office of Government Ethics said in a letter to a Democratic member of Congress that the White House Counsel's office is looking into whether Jared Kushner violated any laws when he met with business entities which later loaned more than $ 500 million to his company.
Black graduates are much more likely to experience negative amortization (interest accumulating faster than payments received): nearly half (48 percent) of black graduates see their undergraduate loan balances grow after graduation, compared to just 17 percent of white graduates.
Four years after earning a bachelor's degree, black graduates in the 2008 cohort held $ 24,720 more student loan debt than white graduates ($ 52,726 versus $ 28,006), on average.
The White House said the plan would immediately offer lower rates to 11 million borrowers and save the typical undergraduate more than $ 1,500 over the life of the loans.
Black young adults were found to be more likely to have student loans after college and their debt - to - income ratios were greater than white young adults.
On average, Non-White testers who experienced discrimination would have paid an average of $ 2,662.56 more over the life of the loan than less - qualified White testers.
American Student Assistance and Salt Promote Income Driven Repayment to More Than 1 Million Student Loan Borrowers as Part of White House Student Debt Challenge
According to a report released by the White House, those who dropped out of college after taking out small student loans have a harder time repaying their debt than those who took out thousands of dollars in loans.
Spitzer sent letters of inquiry to mortgage providers including Citigroup Inc, HSBC Holdings Plc, JPMorgan Chase & Co and Wells Fargo & Co in response to data he said appeared to show a significantly higher percentage of high - interest home mortgage loans issued to black and Hispanic borrowers than to white borrowers.
For example, 13 % more white college graduates than asian graduates think their loans have negatively impacted their retirement savings.
The White House is investigating two loans worth more than $ 500 million that were provided to Jared Kushner's family business, the private real estate firm founded by his father, according to the Wall Street Journal.
The group includes in the filing a study that found African - Americans living in the Detroit area were 70 percent more likely to wind up with a subprime loan than were white borrowers with similar financial characteristics.
By Aaron Glantz and Emmanuel Martinez Reveal from The Center for Investigative Reporting Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.
Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.
More than three times as many black households as white relied on subprime loans to buy their home in 2004, Home Mortgage Disclosure Act data collected by the Federal Reserve indicates.
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