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Black buyers' small down payments both symptom and cause of wealth gap

Black buyers' small down payments both symptom and cause of wealth gap
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Fair housing groups reach historic settlement with Fannie Mae focused on rebuilding communities of color

HOPE Fair Housing Center, Open Communities, South Suburban Housing Center along with the National Fair Housing Alliance and 17 other local fair housing organizations throughout the country, reached a landmark $53 million agreement with Fannie Mae to resolve a case arising from allegations that Fannie Mae treated foreclosed homes in communities of color unfavorably. ....

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