The treasurer and attorney general said they would probe possible discrimination in mortgage lending. The Philadelphia City Council plans hearings.
Tag: Philadelphia
Posted inKept Out
Gentrification became low-income lending law’s unintended consequence
A 1977 law, designed to correct redlining, didn’t anticipate a day when historically black neighborhoods would be sought by young white homebuyers.
Posted inKept Out
For people of color, banks are shutting the door to homeownership
Reveal’s analysis of mortgage data found evidence of modern-day redlining in 61 metro areas across the country.
How the bail system can penalize the poor
Defendants who can’t make bail are more likely to be convicted and less likely to receive favorable plea deals.