Today, There Remains Large Racial Differences in Mortgage Rejection Rates

question 36

Essay

Today, there remains large racial differences in mortgage rejection rates. Some of this lending differential appears to be motivated by a concern for what are termed "sound business practices," and thus does not appear to be intentionally discriminatory. Explain.

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Definitions:

Stress

A physical or emotional response to external or internal pressures, often characterized by feelings of tension or anxiety.

Work Stress

A response to pressures or demands placed on individuals which is seen as beyond their knowledge and abilities to cope.

Life Stress

The type of stress experienced from daily life events, which can range from minor daily hassles to major life changes, impacting an individual's well-being.

Sexual Harassment

Unwanted or inappropriate sexual advances, requests for sexual favors, or other verbal or physical conduct of a sexual nature in a workplace or other professional settings.