The Consumer Financial Protection Bureau found evidence of redlining, along with "racist and derogatory content" in emails among loan officers.
Redlining is a term that evokes painful memories of discrimination, systemic inequality and economic hardship for countless communities, particularly those of color. Historically, redlining referred ...
The days of legally sanctioned race-based housing discrimination may be behind us, but the legacy of attitudes and practices that kept nonwhite citizens out of some neighborhoods and homeownership ...
In the 1930s, the U.S. government introduced the practice of redlining — categorizing neighborhoods based on the ethnic and racial backgrounds of the people who lived there, with areas primarily ...
Historically redlined neighborhoods are more likely to have a paucity of greenspace today compared to other neighborhoods. The study by researchers at Columbia University Mailman School of Public ...
The agency must come up with rules by November 2023 to address discrimination by broadband companies that disproportionately leave behind communities of color. Marguerite Reardon started as a CNET ...
The long-term, systemic consequences of structural racism can be challenging to see, quantify, and communicate. But an online tool developed by Jaime Madrigano, an associate professor in the ...
A congressional watchdog determined a federal agency responsible for overseeing national banks — the Office of the Comptroller of the Currency (OCC) — has followed procedures “inconsistently” and used ...
Many of the Cleveland neighborhoods that banks “redlined” almost a century ago have some of the city’s highest rates of poverty and crime. Although the lending practice of rejecting mortgage ...
Systemic racism is a term we have all — hopefully — become conversant with during these past weeks; it is one of the most indestructible weapons used to obstruct people of color and our nation from ...
Decades of housing discrimination hasn’t only depressed home values and erased opportunities for building wealth among generations of mostly minority Americans. The now-illegal collusion between banks ...
Concerns about fairness in the mortgage markets have motivated a large and growing literature and continues to be a regulatory issue impacting a wide range of financial institutions. However, ...
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