Banks prone to sell minorities pricy loans (Reuters)

Posted at 09.04.07.

A sign reading 'Foreclosure For Sale' is posted on a house in the Boston suburb of Dedham, Massachusetts in this file photo from March 15, 2007. The largest U.S. banks sold expensive subprime loans more frequently to minorities than whites, according to a study released Wednesday by a community activist group. (Brian Snyder/Reuters)Reuters - The largest U.S. banks sold expensive subprime loans more frequently to minorities than whites, according to a study released Wednesday by a community activist group.


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