While presidential hopeful Pete Buttigieg was mayor of South Bend, most home loans in his town went to white families in white neighborhoods.
Category: Housing
Posted inHousing, Inequality, Kept Out
Warren Buffett’s mortgage companies set up to cater to white clients
Legal experts say Berkshire Hathaway’s mortgage companies are carrying out the very practices outlawed by the Fair Housing Act.
Posted inHousing, Inequality, Kept Out
Congress grills new Federal Reserve chairman on redlining
Members of the U.S. House Financial Services Committee ask Jerome H. Powell how he plans to address disparities in lending between whites and others.
Posted inAccountability, Housing, The Trump Era
The homewreckers: How Trump cronies are sabotaging the American dream
The story of one L.A. house illustrates the tens of thousands now off the market for working-class and first-time homebuyers.
Posted inAccountability, Housing, The Trump Era
Profiting off pain: Trump confidant cashed in on housing crisis
One of President Donald Trump’s closest friends and confidants took advantage of the Great Recession to build an unprecedented real estate business that makes him tantamount to a modern-day slumlord – buying up homes, bumping up rents and allowing the properties to fall into disrepair.