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Study: Minority mortgages skew toward 'high cost' loans

Story date: 2007-10-05 01:52:00
Added on: 2007-10-05 05:00:43


Chicago Sun-Times - The study, sponsored by Richmond, Va.-based mortgage insurer Genworth Financial, concluded that 48 percent of home loans given to blacks and nearly 42 percent of loans given to Hispanics last year met the government's definition of "high cost "loans ...


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