Top Ten Videos to watch

Graduates tossing caps into the air
Freddie Gray Baltimore Protests
Mid section of man in graduation gown holding diploma
Legendary Baseball Player Tony Gwynn's Family Files A Lawsuit Against Big Tobacco
ME.jailhouse#2.0117.CW Montebello City Council has approved use of a private contractor to run the n
Chicago Mayor Rahm Emanuel Addresses Police Misconduct At Chicago City Council Meeting
WWII Soldiers Standing In A Flag Draped Sunset - SIlhouette
Students Taking a College Exam
Bill Cosby Preliminary Hearing
Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
President Bush Speals At Federalist Society's Gala
Police Line Tape
Senior Woman's Hands
Police officers running
New Orleans Residents Return to Housing Projects
David Banner
2010 Jazz Interlude Gala
Leave a comment

evicted homeowners

National (FortMyersPress)– The poorest minority homebuyers were hit harder by Lee County’s real estate crash than their white counterparts as they were pushed into ill-advised loans to fuel the boom’s building frenzy.

When the bottom fell out at the end of 2005, their acceptance rates fell more than that of whites at all income levels, but most deeply for those making half or less of the county’s median income.By 2009, black and Hispanic borrowers still hadn’t recovered what they’d lost, according to Federal Financial Institutions Examination Council statistics.

Money is tighter, and those same people are finding it harder to buy a home than are whites of the same income levels. The figures are the latest available.

Read more at Fort Myers Press


Minority mortgage defaults point to new racial discrimination

Share this post on Facebook! CLICK HERE:

Also On News One: