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WASHINGTON – Research has already shown African-Americans and Latinos get high-interest, sub-prime mortgages more often than white consumers. Now research from the Center for Responsible Lending shows disparities persist even when the minority borrowers have the same credit qualifications as whites, and African-Americans and Latinos wind up with a disproportionate share of expensive loans.

The CRL research examined 50,000 sub-prime loans and found minorities were almost a third more likely to get a high-priced loan than white borrowers with the same credit profile.

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