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On Our Radar

A curated collection of links to news, analysis, trends, ideas and views from elsewhere.

The Washington Post: Black men in D.C. are expected to die 17 years earlier than White men. Here’s why.

Roberts and his two co-authors analyzed mortality data from 1999 to 2017. They found that, on average, Black men died 17 years earlier than their White counterparts in 2016. Heart disease, homicide, cancer and unintentional injuries such as accidental drug poisoning contributed most to the gap. Homicide contributed most to the gap from ages 15 to 39, while heart disease and cancer contributed most from ages 45 to 74.

The Washington Post: Black men in D.C. are expected to die 17 years earlier than White men. Here’s why. Read More »

Business Wire: Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S.

The merger is expected to close in the first quarter of 2021, subject to satisfaction of customary closing conditions, including receipt of necessary regulatory approvals and approval by the shareholders of each company.

Business Wire: Broadway Financial Corporation and CFBanc Corporation to Combine to Create the Largest Black-Led Minority Depository Institution in the U.S. Read More »

Housing Wire: Fannie Mae and Freddie Mac CEOs address industry on refinance fee grievances

“Contrary to much of the criticism we have received since making this announcement, this will generally not cause mortgage payments to ‘go up.’” the letter states. “The fee applies only to refinancing borrowers, who almost always use a refinancing to lower their monthly rate,” the letter states.

Housing Wire: Fannie Mae and Freddie Mac CEOs address industry on refinance fee grievances Read More »

Medium: Reparations, Race, and Reputation in Credit: Rethinking the Relationship Between Credit Scores and Reports with Black Communities

Credit reports and credit scores reflect stunning racial disparities. Over a dozen studies have found that Black consumers have lower credit scores as a group than whites (listed in this policy brief). As a result, Black consumers have less access to mortgages, credit cards, and even government lending intended to help those most in need — a July 2020 study by ClimateWire found credit scores kept many Black consumers from obtaining Small Business Administration disaster relief loans. Credit reports or credit scores are also used by insurance companies, employers, and landlords, creating racial disparities in those settings as well.

Medium: Reparations, Race, and Reputation in Credit: Rethinking the Relationship Between Credit Scores and Reports with Black Communities Read More »

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