[Consumer Protection]
Congresswoman Maxine Waters: “Since your confirmation as Consumer Bureau Director, you have undertaken a series of actions that have undermined the Consumer Bureau’s mission to protect consumers.”
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HOME MORTGAGE DISCLOSURE ACT
NEW REPORT: MORTGAGE LENDERS DISCRIMINATE AGAINST AFRICAN AMERICANS AND PUSH US TOWARD HIGH RISK AND SUB-PRIME LOANS
[Housing Discrimination News]
Report finds that: “African-American and Hispanic home buyers are respectively 105% and 78% more likely to use high-cost mortgages for home purchases, putting them at greater risk of foreclosure.”
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