« Jane Chu Illustrations | Main | Blood sugar, insulin, weight: linked ! »

Clayton Homes vs Buzzfeed, Part 3

Seattle Times' business' real estate's minorities exploited by Warren Buffett's mobile home empire -- Clayton Homes.

Mike Baker and Daniel Wagner write in The Seattle Times / BuzzFeed News.

Compared to peers, Vanderbilt charges minorities the most

Clayton Mortgage Pricing Comparison.png

Under federal rules, a lender making a "higher-priced" loan must disclose data about its interest rate. Among the 25 companies that originated at least 500 such mobile-home loans over the past five years, Clayton Homes' Vanderbilt Mortgage gave the highest rates to minority borrowers as compared to whites.

Clayton_BuzzFchart2-.png

TrackBack

TrackBack URL for this entry:
http://www.stylizedfacts.com/cgi-sys/cgiwrap/fotohof/managed-mt/mt-tb.cgi/9851

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)