In this MSA, SouthTrust Bank refused fifty% of these software program is received out-of African People in america

Regarding the Charlotte, NC MSA inside the 2002, having traditional house purchase fund, Wachovia refused the newest software of Latinos cuatro.5 times more often than whites, and you will refuted the applications off African Us americans 2.25 moments more often than whites. These large assertion speed disparities commonly told me by the any greater-than-typical outreach so you can African People in the us otherwise Latinos. For the 2002 in this MSA, Wachovia generated 1292 antique domestic pick funds to help you whites, just 120 so you can African Us americans, and only 34 so you can Latinos. For the list, the newest aggregate world within MSA from inside the 2002 made 2615 including financing so you can African People in the us, 697 to Latinos, and you may 20,604 so you can whites. For those about three groups, the brand new aggregate made 10.9% of its fund to African People in the us, and you may 2.9% in order to Latinos. To possess Wachovia, new numbers have been straight down across-the-board. [At the same time, SouthTrust Financial getting such loans within this MSA rejected 29 of the newest thirty five apps they gotten regarding African Americans.]

Regarding the Jacksonville, Florida MSA (in which this advised merger is presumptively anticompetitive) from inside the 2002, having antique home get finance, Wachovia declined this new apps of African Americans 2.six moments more frequently than whites. That it high assertion speed disparity is not told me because of the people better-than-regular outreach so you’re able to African Us citizens, or Latinos. Within the 2002 inside MSA, Wachovia generated 567 old-fashioned home buy finance in order to whites, merely twenty-four so you can African Us americans, and simply 14 to help you Latinos. For these about three teams, this new aggregate made 8.9% of their loans so you can African Us americans, and you may step three.1% in order to Latinos. To own Wachovia, new figures had been reduced: just cuatro.0% out of funds so you can African People in the us, and you will dos.3% so you’re able to Latinos. [Meanwhile, SouthTrust Financial in this MSA generated 39 for example money so you can whites, and you may nothing to African Us americans or Latinos.]

From the Columbus, Georgia MSA in the 2002, for traditional household purchase loans, Wachovia rejected the fresh new software of African Us americans 2.96 minutes more frequently than whites (when you are doubting a hundred% off apps of Latinos). These disparities commonly explained by the people higher-than-typical outreach in order to African Us americans or Latinos. In 2002 in this MSA, Wachovia generated forty-two old-fashioned domestic buy finance to whites, merely four to African Us citizens, and you can none so you can Latinos. Towards record, the new aggregate business contained in this MSA in 2002 generated 273 such as for instance finance so you can African Us americans, 32 so you can Latinos, and you can 1529 so you’re able to whites. For those around three teams, the aggregate generated fourteen.9% of the financing to African Us citizens, and you may step one.7% so you’re able to Latinos. Getting Wachovia, the rates had been far lower: only nine.3% out of money so you can African People in america, and no % so you’re able to Latinos. [Meanwhile, SouthTrust Financial to own such as finance within this MSA refuted 10 regarding the newest eleven applications they gotten regarding African People in america.]

To the listing, the aggregate business in this MSA into the 2002 generated 11,902 including financing so you’re able to African Americans, 6894 to Latinos, and you will 64,826 so you’re able to whites

Regarding the Raleigh-Durham NC MSA for the 2002, getting antique family pick funds, Wachovia rejected the latest software out-of Latinos an astonishing 5.forty-two times more frequently than whites. Meanwhile, following methods established over, a diminished part of Wachovia’s financing were to Latinos than just is correct into aggregate. [At the same time, SouthTrust Lender getting particularly financing within this MSA refuted 11 off the brand new 15 applications it received away from African Us americans.]

On the listing, brand new aggregate globe inside MSA inside the 2002 produced 1388 for example money to African People in america, 488 so you can Latinos, and you can 13,794 so you can whites

From the Norfolk, Virginia MSA in the 2002, to have traditional household pick financing, Wachovia denied the latest programs regarding African People in america step three.72 moments more often than whites.

From inside the markets where Wachovia makes prior purchases or expansions-by-branching, Wachovia’s checklist is additionally bad. Such as on Arizona DC MSA inside the 2002, to have conventional house purchase loans, Wachovia denied the fresh applications Oregon title loans from Latinos an astonishing 4.nine moments more often than whites, and denied the software out-of African Americans dos.83 times more often than whites. These types of highest denial rates disparities aren’t told me because of the one higher-than-regular outreach so you’re able to African Us citizens otherwise Latinos. Within the 2002 in this MSA, Wachovia produced 1224 old-fashioned household purchase money in order to whites, simply 177 in order to African People in the us, and just 76 so you’re able to Latinos. For those around three groups, the aggregate generated fourteen.2% of their funds so you’re able to African Us citizens, and 8.2% so you’re able to Latinos. Getting Wachovia, the newest figures were straight down across the board: 12% to African Us americans, and only 5.1% so you’re able to Latinos.