In the Media

Report: Lenders still approve whites at higher rate than Black applicants in Detroit

March 28, 2022

In this article, JC Reindl of Detroit Free Press shares that home mortgage approvals have been going up in the city of Detroit, but lenders still approve Black borrowers at a lower rate than whites, even in some instances when Black applicants have higher incomes, according to Detroit Future City’s ‘Buying In’ report.

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