Redlining lives, sadly.
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Who thought this was a secret???
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actually they can’t but go off I guess
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Agreed. Never saw “race” on any mortgage application I filled out. Online mortgage lending is much more prominent these days. Do people actually go meet with lenders face to face these days?
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How would they even know the person’s race?
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Read the article which explains their sources? Demographic info can be determined by looking at multiple data points like zip code/current location, income, etc. This is an issue w/ auto loans as well.
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Nothing new here!
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Interesting. Why not use an online lender like Rocket Mortgage? I did and I can say that they never asked my race and I never met anyone with Rocket face to face. So how would they discriminate?
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Read the article. Look at the sources. Or just remain willfully ignorant because it wasn't at a meme level of comprehension
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