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Racial discrimination: Banks are shutting door to. – Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.
Biased Lending Evolves, and Blacks Face Trouble Getting. – · outlawed decades ago, redlining has re-emerged as a serious concern among regulators as banks have sharply retreated from providing home loans.
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Customers Used to Come for a Loan. Now, They Come for Pizza. – Mr. White’s conversion of a former bank site is hardly an oddity. Banks have steadily pared branches over the past several years because of industry consolidation, efforts to curb operating costs and,
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Singapore bank expects China slowdown to hit growth in loans – "I do. loan growth was 9 percent, we expect this year’s to slow down to low- to middle-single digit," he said, after the bank reported its full-year earnings. The Greater China region was the.
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Wells Fargo Expects to Boost Consumer Loans Amid Fed Order – The third-largest U.S. bank. homes and other purchases even as an order from the government’s top banking regulator prohibits it from growing. “My expectation is that we’ll have higher consumer.
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