Black-owned banking institutions supply an alternate for customers who’ve been constantly discriminated against by various other financial institutions They’ve usually offered more income to borrowers residing reasonable- and moderate-income (LMI) census tracts within the last few 14 ages than many other finance companies. Black-owned banking institutions will also be more prepared to endure greater levels of hazard than renewable associations. Our very own data unearthed that in 2016, 67per cent of mortgage loans made by Black-owned banking institutions are either … Citeste mai mult…
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