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Home Loans Harder to Get for Blacks and Latinos in California

By Erika Aguilar, KQED News Fix

Nearly half of more than 296,000 home loans issued in California in 2015 went to white homebuyers, while African-Americans secured just 3 percent, according to federal mortgage data analyzed by a Bay Area policy group focused on diversity and equity.

The report by the Greenlining Institute, based in Oakland, and National Community Reinvestment Coalition studied mortgages issued statewide and found communities of color in California, such as Latinos and African-Americans, do not get home loans at the rates that whites do.

Read the complete story at KQED News Fix.