Sunday, October 16, 2005

Sad, shameful and continuing

Journal Gazette | 10/16/2005 | Sad, shameful and continuing: "A study indicating that Fort Wayne's minorities are being discriminated against when it comes to mortgage lending needs to spur community leaders and lenders to take action to eliminate discrimination.
It's sad, it's embarrassing for the community and it's illegal.
A study of 2004 federal Home Mortgage Disclosure data titled The High Cost of Credit� by the Association of Community Organizations for Reform Now (ACORN) found too many minorities were receiving high-cost or subprime loans in Fort Wayne. Among the more troubling findings"
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