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Search results for "Community Reinvestment Advisory Group" ...
A 2008 analysis of more than half a million home loan applications in the Dayton, Ohio, region revealed that blacks with higher incomes were denied home loans, while lower-income whites were not. The report also found that blacks were more likely to receive "high-cost loans" than whites. The real estate market denies redlining practices that were made illegal "in 1977 by the federal Community Reinvestment Act."