Study: Subprime mortgages hit Lorain hardest (The Elyria Chronicle-Telegram)

Story date: 2008-08-27 11:10:51
Added on: 2008-08-27 23:46:23

A study done by a Cleveland-based fair housing group has found that blacks in Lorain County obtained costly subprime housing loans more than twice as often as whites and were denied mortgage loans far more often than whites or Hispanics. The study also found that the greatest concentration of expensive subprime lending (42.6 percent [...]


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