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Discreditable reports: are bankers letting racism interfere with profits? Now that would be news - how a Washington Post three-part report, June 6-8, 1993, The Washington Post abused facts about mortgage loans to African Americans to show that banks favor white applicants. Banks make loans based upon credit ......(Continue Reading) CMBS, REITs travel down parallel paths to success - commercial mortgage-backed securities, real estate investment trusts - Securitization Special Report The commercial mortgage-backed securities market (CMBS) and the real estate investment trust market (REIT) have prospered in the mid-1990s. The CMBS market ......(Continue Reading)Easy money: a little thing like bad credit won't cost you a mortgage loan Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading)A welcome chance to refinance: now credit-marred homeowners can get loans Homeowners with previous credit problems can refinance their mortgages because two firms are designing loans for them. The two firms, Admiral Mortgage Co and Arbor National Mortgage Inc, rank a person...(Continue Reading)Nader effort threatens credit market - Ralph Nader's effort to counter racism in mortgage lending - Column Ralph Nader believes that too few minorities receive mortgages due to racist policies. He is relying on evidence from a report by Essential Information ......(Continue Reading)
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