Even accounting for factors lenders said would explain disparities, people of color are denied mortgages at significantly higher rates than White people.
Housing
Posted inInequality
Eviction moratoriums didn’t stop judges in one Ohio city from ousting hundreds from their homes
Tenants were evicted even when landlords didn’t follow the publicly stated rules.
Posted inAccountability, Housing
Mayor Pete has a redlining problem in Indiana
While presidential hopeful Pete Buttigieg was mayor of South Bend, most home loans in his town went to white families in white neighborhoods.
Posted inHousing, Inequality
Public housing tenants get $650,000 settlement for squalid living conditions
A Reveal investigation showed that officials allowed the housing project in Richmond, California to be overrun with roaches, mice, squatters and mold.
Posted inHousing, Inequality, Kept Out
Sen. Warren’s new bill is designed to combat modern-day redlining
U.S. Sen. Elizabeth Warren unveiled a bill that one advocate said would be the first law since 1968 “to redress a century of housing discrimination.”
Posted inHousing, Inequality, Kept Out
Congress sends bank regulation rollback to Trump
Smaller banks would be exempted from having to report mortgage applications to the federal government under the Home Mortgage Disclosure Act.
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
Warren calls out ‘disturbing pattern’ of fair housing changes
The Democratic senator says officials are rolling back anti-discrimination protections for people of color in the face of modern-day redlining.
Posted inHousing, Inequality, Kept Out
Chase announces major expansion in DC
The biggest bank in America announced a major expansion into the nation’s capital, promising to open 70 new branches.
Posted inHousing, Inequality, Kept Out
The Fair Housing Act’s unkept promises
Today, the homeownership gap between black people and white people is greater than it was when segregation and discrimination were legal.