Study of home-loan markets finds minorities face sizable roadblocksBloomberg News
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This new mortgage program is laser-focused on helping minorities, Millennials, and mixed families on their road to homeownership. This program goes way beyond the flexibility of most other loan types, even ones considered ultra-flexible like FHA. Click here to see if you qualify to buy a home...
Yet, state and local officials often had latitude to indulge their own discriminatory attitudes in administering the programs. For example, the Home Owners' Loan Corporation (HOLC) was said to have discriminated because the agency typically gave neighborhoods with black, Hispanic, or Asian "...
and in time thenuclear familyresiding in a single-family home became synonymous with the American dream. However, FHA legislation initially did not benefit low-income families, single women (unless they were war widows), the non-wage-earning elderly, or racial minorities, who for decades were ...
As a result, the Depression brought about more concrete government action. In his last year in office, Hoover created the Home Loan Bank System, which sought to provide liquidity for financial institutions — especially savings and loan banks — affected by the growing number of people defaulting...
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Today, the Korean dictator leads an officially atheistic government that persecutes religious minorities (especially Christians) to death, massacres entire clans of perceived dissenters and threatens those outside his borders with nuclear missiles. If his threats become perceived as legitimate, war will ...
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