White Paper: Long Term Social Impacts & Financial Costs of Foreclosure on Families and Communities of Color
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Foreclosure
New Data Shows Continued Constricted Credit, Racial Disparities in Lending
Washington, DC — Today, the National Community Reinvestment Coalition (NCRC) said that new data released by the Federal Financial Institutions Examination Council showed continued constriction of credit, particularly for low- and moderate income communities and communities of color, and significant disparities in lending by race. The volume of home lending was 7.1 million loans …
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