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JP Morgan Chase to fork out $55m to settle mortgage discrimination claims – I’m a reporter at City A.M., mainly covering law. court documents, seen by Reuters, claim the bank allowed mortgage brokers to charge borrowers from minority backgrounds more for home loans than.
Report: Mortgage Denials Higher in NYC’s Neighborhoods of Color – In a statement, the New York Bankers Association told City Limits. racist approach to mortgage financing. Its effects still reverberate in vulnerable neighborhoods and in the startling wealth.
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