Thegrio Politics
@thegriopolitics·150K subscribers·8.3K videos
How Can Black and Brown People Navigate Bias in Mortgage Lending?
Posted
January 21, 2022
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January 21, 2022
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10:17Now PlayingHomeownership is the symbol of the American dream, a rite of passage and the foundation for generational wealth creation.
However, Black and Brown communities have been boxed out of purchasing homes both by a government that sanctioned all sorts of discriminatory policies, like redlining, and by banks, whose lending biases disproportionately disqualify us from actually acquiring mortgages.
Patty Arvielo, co-founder and president of New American Funding, a direct mortgage lender that serves more Black and Hispanic borrowers than almost any other institution, joins Aisha Mills on “AMplified” to talk about helping people of color breakthrough a system that was designed to box them out.
All this and more on “AMplified.”
To watch BNC programming, visit
Follow BNC on social media:
#Homeownership #Lending #Homebuyers
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