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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.
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8 lenders that aren’t serving people of color for home loans
Among the 6,600 U.S. lenders, some stood out for particularly extreme practices.
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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.
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Can algorithms be racist? Trump’s housing department says no
A new HUD rule would make it difficult for banks to be sued when their algorithms result in people of color being disproportionately denied housing.
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Consumer Financial Protection Bureau moves to limit home loan data
The Trump administration intends to roll back Obama-era rules that dramatically expanded public access to home mortgage data.
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Back on the bus: A civil rights struggle rolls on
For people of color, banks are shutting the door to homeownership. Philadelphia’s transit agency has been fighting to keep this story off the streets.
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We exposed modern-day redlining in 61 cities. Find out what’s happened since
Proposed legislation in D.C., investigations from state attorneys general and down payment assistance in Philadelphia are among the developments.
Housing
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.”
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Proposed changes to anti-redlining law would gut its intended purpose, advocates say
The Trump administration says focusing less on loans to low-income areas where banks have branches could lead to more lending elsewhere.
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First Republic Bank finances displacement of residents
First Republic Bank has fueled the displacement of families in Oakland by lending to landlords with histories of eviction.
Housing
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.
America's Ring of Fire
More to the story: Redlining, wildfires and Trump’s mansion
There’s always more to the story on Reveal. This week, we look at the impact three shows have made since they first ran.
Housing
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.
