It’s illegal, but mortgage firms aren’t colorblind

“Does your race or ethnicity affect the interest rate or fees you’re quoted on a mortgage? Do mortgage brokers offer the same deals to African American and Latino applicants with identical — or superior — incomes, credit scores and employment histories compared with white applicants?

Do they treat people of different racial backgrounds differently — spending less time discussing loan options and features with minorities, and routinely pressing them to reveal credit problems and outstanding debts?”

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