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Resource ID: #7329
Subject: Mortgages
Source: Oregonian (Portland, Ore.)
Affiliation: 
Date: 

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Description

The Oregonian (Portland) finds banks and thrifts discourage home ownership in low-income neighborhoods; redlining is common; bankers are given a commission on the size of the loan, making it unprofitable to make the small loans many homeowners need; a private mortgage company is deceiving borrowers and home-buyers who risk losing their homes. (Sept. 9-11, 1990)

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