Facebook LIVE: ARA’s Tough Discussions - Lending & Insurance

Wednesday, September 30 | 12:00 pm - 1:00 pm

Even after the 1968 passage of the Fair Housing Act, black Americans and other minorities have continued to experience housing inequalities. Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans, Latinos and other minority applicants continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.

In the housing boom leading to the Great Recession of 2008, predatory lending – characterized by unreasonable fees, rates and payments – zeroed in on minorities, pushing them into risky subprime mortgages. Even if these mortgage applicants had credit scores and debt ratios similar to those of white borrowers, they would still receive unfavorable mortgage terms.

Tune in to the Atlanta REALTORS® Facebook page on September 30th at 12:00 pm for the first installment of our virtual 'ARA's Tough Discussions: A Series on Racism & Real Estate' on Lending & Insurance. We’ll be joined by Atlanta attorney Joyce Catrett and a representative from the U.S. Department of Housing and Urban Development to discuss not only the history of systemic issues in real estate lending, but also the solutions that we as real estate professionals can implement to right these continuing inequalities.

Moderator: Cindy Jones

Speaker: Joyce Catrett

Date: September 30th, 2020
Time: 12:00 pm - 1:00 pm
Location: Live on ARA Facebook Page



Tuesday, September 1, 2020
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