Industry News

Race-targeted predatory loans deemed ‘discrimination’

Pennsylvania court finds mortgage brokers guilty
Published on Jan 16, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

A Pennsylvania appeals court ruled Friday that predatory mortgage loans targeting African-American home buyers can constitute housing discrimination under the Pennsylvania Human Relations Act, Associated Press reported. Last Oct. 26, the state Human Relations Commission ruled against brokers McGlawn & ...