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Policies at WaMu’s Long Beach Mortgage invited fraud – However, even after Kosch noticed clues of mortgage fraud – suspicious. Black, who now teaches about white-collar crime as a law professor at the University of Missouri, Kansas City, notes that.

Unequal lending keeps redlining alive in Philadelphia’s gentrifying neighborhoods – One of the lenders who turned her down, Philadelphia Mortgage Advisors, made 90 percent of its loans to white applicants in 2015 and 2016. The independent broker told Faroul her. Philadelphia is.

Housing Policy, Hollywood Style – These mortgages were originated by banks or mortgage brokers but quickly sold to the GSEs. compared to just under 12 percent for white borrowers.” More specifically, the study found that 240,000.

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Here’s How Widespread Mortgage Fraud Created The Housing Bubble – Second, the FBI’s white collar crime budget. This was outright lying by millions of mortgage borrowers which was encouraged by lending institutions that were simply not interested in checking..

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Modern-day redlining: How banks block people of color from homeownership – 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.

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