Some mortgage companies fear that lending to Negroes will cause property values to fall, hurting their own investments in the area. As a result, lenders loan to Negroes only in areas that are transitioning from white to nonwhite.

The president of a leading mortgage credit institution in Chicago explains:

We must be satisfied that the trend is toward racial transition.

There are additional racial considerations involved in mortgages. »

Federal programs are available. »