The real difference comes in the proportion of those loans that are in default. In ZIP codes where most residents are people of color, 21% of the loans are in default, compared to just 6% in majority-white areas.
Sign up for our free, daily email newsletter and never miss a story.
The real difference comes in the proportion of those loans that are in default. In ZIP codes where most residents are people of color, 21% of the loans are in default, compared to just 6% in majority-white areas.