Strong push back against discriminatory lending practices

The Brooklyn Paper

New York City Comptroller William C. Thompson, Jr. joined the NAACP Brooklyn Branch, elected officials, clergies, advocates, and homeowners recently as they gathered on the steps of City Hall to highlight the issue of discriminatory lending practices by the mortgage industry and to support the lawsuit filed by the NAACP against 14 of the country’s largest lenders.

According to the NAACP’s lawsuit, African American homeowners who received sub-prime mortgage loans from lenders were more than 30 percent more likely to be issued a higher rate loan than Caucasian borrowers with the same qualifications.

Pictured (l-r), Hazel Dukes, NAACP president, New York State Conference Branches, addressed the crowd; along with Karen Boykin-Towns, president of NAACP Brooklyn Branch; Jackie Berrien, general council, NAACP Legal Defense Fund; and Dianna Szochet, president of the Brooklyn Bar Association looks on.


Reader Feedback

Enter your comment below

By submitting this comment, you agree to the following terms:

You agree that you, and not BrooklynDaily.com or its affiliates, are fully responsible for the content that you post. You agree not to post any abusive, obscene, vulgar, slanderous, hateful, threatening or sexually-oriented material or any material that may violate applicable law; doing so may lead to the removal of your post and to your being permanently banned from posting to the site. You grant to BrooklynDaily.com the royalty-free, irrevocable, perpetual and fully sublicensable license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display such content in whole or in part world-wide and to incorporate it in other works in any form, media or technology now known or later developed.

CNG: Community Newspaper Group