Word: loaned
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Dates: during 1990-1999
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While regulators keep a close watch on fairness once borrowers actually complete a loan application, Bhargava says institutions often discriminate in more subtle ways--by not marketing their mortgages in certain areas. The practice, claims Bhargava, is a violation of the spirit if not the letter...
...lenders say they are fair, and they explain the disparity in lending by saying they get fewer loan applications from residents of the city's poorest neighborhoods...
...Hospital Loan Approved...
...other business, the council approved a $40 million dollar loan order to the Cambridge Hospital for reconstruction costs...
...loan passed by a 7-2 vote, despite complaints from neighborhood residents that the extensive construction project would interfere with their daily lives and threaten their health...