The FHA's refusal to lend to blacks meant that they could not buy overpriced homes except on contract, but the title to a property bought on contract would not be transferred to the buyer until all contract payments had been made.
They could not buy overpriced homes except on contract. This was what the FHA's refusal to lend to blacks meant. The title to a property would not be transferred to the buyer. This property is bought on contract. All contract payments had been made.