"Borrowers from minorities didn't pay higher interest rates for subprime mortgages, a New York Federal Reserve Bank study shows, contradicting findings indicating those people were targets of expensive credit." [Bloomberg report; study in PDF]
"Minorities Didn't Pay Higher Subprime Rates, Fed Study Shows"
Related Entries:
- Cities' "subprime lending as nuisance" suits, cont'd
- Down in flames...
- Subprime class actions, cont'd
- The terms of mortgage modifications
- "Atlanta might sue mortgage lenders"
- Fix up foreclosures, then bill the lender?
- Subprime activists vs. rating agencies
- Subprime class actions
- Wave of subprime litigation
- Predatory Lending: So Many Different Ways to Sue
- Legal Aid, to subprime borrowers' rescue?
- Real Estate Bust Yields Lawsuit Boom?
- Cleveland, Baltimore municipal subprime suits
- Cleveland suit: overlending as public nuisance
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |



