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American Residential Mortgage

American Home Mortgage Servicing Inc SHORT SALE! - Phoenix, AZ Kelly Cook with the KC Real Estate Group, short sale experts in Arizona, discuss the steps of a short sale with ...

Is Ellington Residential Mortgage Reithares (NYSE:EARN) a Buy? The Stock Reported more Sellers

American Group Inc holds 0% in Ellington Residential Mortgage REIT (NYSE:EARN) or 5,573 shares. Blackrock has 696,483 shares. Fincl Bank Of New York Mellon Corp stated it has 51,361 shares. Morgan Stanley accumulated 0% or 81,930 shares. Tiaa Cref Invest Mngmt invested in 0% or 20,218 shares. California Employees Retirement System reported 0% in Ellington Residential Mortgage REIT (NYSE:EARN). Chicago Equity Partners Limited Liability Company has invested 0.04% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN). Martingale Asset Management L P reported 0.01% in Ellington Residential Mortgage REIT (NYSE:EARN). Bb&T Secs Limited Liability Company holds 29,925 shares or 0.01% of its portfolio. Retail Bank Of America De has invested 0% in Ellington Residential Mortgage REIT (NYSE:EARN). Goldman Sachs Group reported 31,487 shares. 13,700 were reported by California State Teachers Retirement Sys. Millennium Ltd Liability Corp holds 80,109 shares or 0% of its portfolio. Royal Bancorp Of Canada invested in 25,221 shares. Ativo Cap Mgmt Ltd holds 0.35% of its portfolio in Ellington Residential Mortgage REIT (NYSE:EARN) for 90,020 shares.

KEPT OUT …How banks block people of color from homeownership

PHILADELPHIA (AP)—Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their White counterparts.

This modern-day redlining persisted in 61 metro areas even when controlling for applicants’ income, loan amount and neighborhood, according to millions of Home Mortgage Disclosure Act records analyzed by Reveal from The Center for Investigative Reporting.

The yearlong analysis, based on 31 million records, relied on techniques used by leading academics, the Federal Reserve and Department of Justice to identify lending disparities.

It found a pattern of troubling denials for people of color across the country, including in major metropolitan areas such as Atlanta, Detroit, Philadelphia, St. Louis and San Antonio. African Americans faced the most resistance in Southern cities—Mobile, Alabama; Greenville, North Carolina; and Gainesville, Florida—and Latinos in Iowa City, Iowa.

What do you think of illegal aliens and subprime loans impact on economy? topinion/opedcolumnists/illegal_aliens__ the_mortgage_mess_130482.

It is very, very correct. If you spoke Tex Mex and lived on the border, the illegal aliens bragged about the fact that the Government wanted them up here.. they gave them a house.