Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Valuepro who wrote (61737)	10/18/2008 9:09:28 AM
From: loantech	Read Replies (1) of 78411

I worked in the industry for 23 years.Redlining was a practice not an underwriting tool: <<Redlining Redlining is the slang term used to describe an illegal practice of discrimination against a particular racial group by real estate lenders or insurance companies. Redlining occurs when lenders or insurance companies decide certain areas of a community are too high risk. Real estate companies who redline simply refuse to give a mortgage to buyers who want to purchase property in those areas, regardless of their qualifications or creditworthiness. Insurance companies who redline refuse to insure consumers who live in certain neighborhoods.>>>>>>>

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