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Redlining Was Banned in 60s, but Its Effects on Black Communities Linger

Redlining Was Banned in 60s, but Its Effects on Black Communities Linger
realtor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realtor.com Daily Mail and Mail on Sunday newspapers.

How Can We Catch Up? Mortgage Denials Stack the Deck Against Black and Hispanic Buyers

How Can We Catch Up? Mortgage Denials Stack the Deck Against Black and Hispanic Buyers How Can We Catch Up? Mortgage Denials Stack the Deck Against Black and Hispanic Buyers The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans. Clare Trapasso, provided by FacebookTwitterEmail The American dream of homeownership is not an equal opportunity ambition. Black and Hispanic home buyers are more frequently denied mortgages than white buyers even when their financial pictures are similar, according to a realtor.com® analysis of 2019 mortgage data. When they are able to secure mortgages, Black and Hispanic borrowers are more likely to pay higher fees and interest rates on their loans than white and Asian borrowers.

RE/MAX Expands Strategic Alliances Program to Include the National Association of Real Estate Brokers

RE/MAX Expands Strategic Alliances Program to Include the National Association of Real Estate Brokers The real estate powerhouse is combining efforts with one of the country s leading fair housing organizations to grow homeownership among minority groups News provided by Share this article Share this article DENVER, Feb. 23, 2021 /PRNewswire/ Today, RE/MAX, LLC announced an inaugural alliance with the National Association of Real Estate Brokers (NAREB), an influential advocate of sustainable homeownership for African Americans and other minority groups. Lydia Pope, President-Elect of NAREB, shared more about the organization s mission on the popular Good Morning RE/MAX Facebook Live show. NAREB is the latest addition to the RE/MAX Strategic Alliances program, which works with organizations that share in the RE/MAX vision of expanding homeownership to all.

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