Minorities in the Golden State are more likely than white borrowers to get subprime loans, a new report by the California Reinvestment Coalition suggests. “A two-tier system of credit exists within large financial services corporations, with subprime mortgage companies concentrating more of their business on African Americans and Latino borrowers than their lower cost prime lending affiliates,” the CRC said in its report, which used 2003 Home Mortgage Disclosure Act data to analyze the…