Ayanna Pressley: “This report found that in Boston, when White applicants applied for a…”

On the recordDecember 5, 2023

This report found that in Boston, when White applicants applied for a mortgage, the denial rate was approximately 5 percent. But for Black and Latinx applicants, the denial rates were 15.3 percent, and 12.7 percent, respectively. This is modern-day redlining, period.

Said by

Ayanna Pressley

Democratic · Massachusetts

Source

congress.gov

Editor's note · Context

Pressley discusses racial disparities in mortgage loan denial rates as modern-day redlining.

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Ayanna Pressley: “This report found that in Boston, when White applicants applied for a mortgage, the denial rate was approximately 5…”

Editor's note · Context