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NAACP

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NAACP

Abbreviation for National Association for the Advancement of Colored People, a US civil-rights organization.



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The organization celebrated its 100th anniversary at the recent NAACP convention, the same year that America inaugurated its first African American president, Barack Obama.
Then in March, gay activists cheered when NAACP leaders – Chairman Julian Bond and President Ben Jealous – came out publicly in favor of repealing Proposition 8.
The lawsuits, filed in California, allege that "African-American homeowners who received subprime mortgage loans from these lenders were more than 30 percent more likely to be issued a higher rate loan than Caucasian borrowers with the same qualifications," the NAACP said in a statement.
 
 
 
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