Kept 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.
Kept Out
Kept Out
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.
Kept 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.
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.
Housing
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.
Housing
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.
Housing
Does the Treasury plan to modernize anti-blight laws stack up?
Here’s what the Treasury Department’s changes would do, and wouldn’t, toward solving four major problems we have outlined in our investigation.
Kept Out
Chase rarely lends to people of color in DC – and it’s probably legal
Banks are required to lend in low- and moderate-income communities only if they have a branch in the area that takes deposits.
Housing
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.
Kept Out
How a gaping loophole in a landmark law is fueling gentrification
Financial institutions are fueling gentrification in low-income neighborhoods while getting credit for helping the poor.
Kept Out
Is this the new redlining? How people of color are being shut out of buying homes
Black and Latino applicants across the country are being rejected for mortgages at much higher rates than whites, and their race seems to play a role.
