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Article Links Race, Predatory Lending Practices
This disturbing article in the August 14th Louisville Courier-Journal notes that African-American homebuyers have been particularly affected by recent deceptive and misleading lending practices. The article notes that in addition to other factors, some lending companies have targeted minority neighborhoods in promoting risky mortgages and refinancing.
This news comes on the heels of another state filing suit against one of the country's largest lenders, Countrywide. The attorneys at Franklin Gray & White are currently investigating deceptive and misleading practices in the lending industry. If you believe you have been a victim of such practices, please contact Matt White, of Franklin Gray & White, for a free consultation.
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