NAACP Baltimore Branch President Marvin 'Doc' Cheatham at the podium; their event was held at the Suntrust tower and Citi building in downtown Baltimore, MD.
NAACP Calls National 'Day of Action' Against Mortgage Discrimination
NAACP units across the country participated in a national ‘Day of Action’ against discriminatory mortgage lending today by demanding that several of the nation’s top lenders – including Citi, HSBC, WaMu, GMAC and JP Morgan – make amends for discriminating against African American borrowers and eliminate discriminatory polices and practices for good.
According to the NAACP and its lawsuit against 17 major lenders, African American borrowers were given loans with higher interest rates and other poor terms solely because of their race.
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