12 May, 2009
FTC accuses Golden Empire Mortgage of bias against Latino borrowers
Posted by: admin In: U.S
The FTC says the Bakersfield home lender charged Latinos higher prices for mortgages. A lawyer for the company disputes the allegations. By E. Scott Reckard Have mortgage lenders discriminated against minority borrowers by charging them higher interest rates and fees? Fair-lending advocacy groups have long maintained that this is so, and federal consumer protection officials [...]
