Archive for April, 1998

Improvement sought on home improvement loans 53% denial rate on central city home equity loans has public officials, lenders searching for answers

Saturday, April 11th, 1998

Home improvement loans, it turns out, have put metropolitan Milwaukee’s fair-lending reputation in disrepair. The industry’s challenge now is finding a workable fix-up plan. A 53% denial rate on 1996 home improvement loans in the near north and south sides largely explains Milwaukee’s continued ranking as “worst in the nation” for racial disparities in loan […]