Hispanics disadvantaged in accessing mortgages

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Hispanic people with limited English proficiency may be disadvantaged in getting home loans because Spanish translations of mortgage documents are unavailable in their nearby banks, a Lower Hudson Valley housing advocacy group reported recently.

The investigation, funded by the U.S. Department of Housing and Urban Development, found that nine out of 10 banks located in or adjacent to the Lower Hudson Valley communities with significant Hispanic populations failed to provide Spanish-language translations of basic home loan documents. READ MORE AT USA TODAY

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