Mortgage Discrimination

Mortgage discrimination or mortgage lending discrimination is the practice of banks, governments or other lending institutions denying loans to one or more groups of people primarily on the basis of race, ethnic origin, sex or religion. One of the most notable instances of widespread mortgage discrimination occurred in United States inner city neighborhoods from the 1930s up until the late 1970s. There is evidence that the practice still continues in the United States today.

Read more about Mortgage Discrimination:  Background, Contemporary Mortgage Discrimination

Famous quotes containing the word mortgage:

    Loosened from the minor’s tether;
    Free to mortgage or to sell,
    Wild as wind, and light as feather
    Bid the slaves of thrift farewell.
    Samuel Johnson (1709–1784)