Steering. Lenders steer borrowers into high priced subprime loans, even if their credit score as well as other facets qualify them for prime loans.

Steering. Lenders steer borrowers into high priced subprime loans, even if their credit score as well as other facets qualify them for prime loans. Reverse redlining.Redlining, the racist housing policy that effortlessly blocked Ebony families from getting mortgages, ended up being outlawed because of the Fair Housing Act of 1968. But redlined areas, that are …

Steering. Lenders steer borrowers into high priced subprime loans, even if their credit score as well as other facets qualify them for prime loans. Read More »