Report: Racial gaps in home ownership across NY state

A new report finds big racial gaps in home ownership across New York state.

The report by Attorney General Letitia James said New Yorkers of color are less likely to own a home, more likely to be denied mortgages and face higher borrowing costs.

The report also finds the city of Albany has the second-largest gap between white and Black home ownership in the U.S. – second only to Minneapolis.