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Latinos and African-Americans in five Texas metro areas were more likely to be denied a conventional mortgage loan when compared with non-Hispanic whites, according to a new analysis. The review of.
For example, if you borrow a mortgage for your house, your mortgage is a "secured" loan in which your home is the collateral. If you default on your mortgage, your lender will then own your home. The.
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HOUSTON (AP) – Latinos and African-Americans in five Texas metro areas, including San Antonio, were more likely to be denied a conventional mortgage loan when compared to non-Hispanic whites,
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