Detailed text transcripts for TV channel - MSNBC - 20140607:14:08:00
Credit in the majority minority neighborhood. they also allege that the lending has declined precipitously while its lending in white neighborhoods has grown substantially. the lawsuit cites statistics that the bank's loan origin nations have declined by 63% while they have increased in white tracts by 25%. the city claims that the alleged inadequate supply of mortgage credit in minority communities is suppressing home prices and decreasing revenue from property taxes. mary ellen higgins, vice president and director of public relations at santander u.s. said the bank cannot comment on the spec...
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