Black households are underrepresented in the mortgage lending process, and Black borrowers are denied mortgages at a higher rate than white borrowers, regardless of their incomes.
Those are some of the findings in a new report by Housing Opportunities Made Equal.
RELATED : Large disparities continue in mortgage and housing markets, report says
On Cincinnati Edition , we discuss the report’s findings and how one local bank explains its lending procedures.
Guests:
Elisabeth Risch, executive director, Housing Opportunities Made Equal Al Rosser, board chair, Greater Cincinnati Realtist Association
This segment includes select music from Blue Dot Sessions ( www.sessions.blue ).
Ways to listen to this show:
Tune in live at noon ET M-F. Call 513-419-7100 or email talk@wvxu.org to have you