Broward County had some of the best neighborhoods for lending in 2011, but banks overlooked many parts of the county with lower-income residents.A story in Friday’s print edition of the Business Journal explored why loans to blacks in South Florida fell in 2011, which contrasts with the overall increase in lending in the region. Banks made fewer loans in local distressed/underserved neighborhoods that year, so much of the increase was to upper income borrowers and for jumbo loans, according to…Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]
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