ABANDON SHIP: How Banks Closed Their Doors As US Economy Reopened
In 2022, banks continued closing branches at a breakneck pace – further impairing recovery in neglected communities.
Research
Posts about NCRC research.
REDLINED: KeyBank Continues to Fail Black America Despite Its Commitments to Improve
KeyBank disregarded commitments to improve lending to Black homeowners and potential homeowners. Federal data shows KeyBank now ranks at the bottom among the 50 largest mortgage lenders in the nation in the percentage of its borrowers who are Black, live in majority-minority or LMI neighborhoods and are people of color.
Investing in Culturally-Significant Businesses and Community Growth
Arts and culture are an important component of overall quality of life for every person on earth. Access to cultural resources and connections – or the lack thereof – shapes many aspects of our nation’s society. It also influences economic outcomes, as economists who study the role of “human capital” in wealth-building and opportunity creation have identified.
Faulty Foundations: Mystery-Shopper Testing In Home Appraisals Exposes Racial Bias Undermining Black Wealth
We asked black-white interracial couples to test home appraisers for bias. Here’s what they experienced.
2021 HMDA: The Year That Our Homes Became ATMs Again
Lending for home purchases and refinancing was already slowing down in 2021, when cash-out loans to home owners spiked.
The Critical Need to Address Missing Data in HMDA
A growing problem with HMDA homeownership data is blinding our ability to analyze housing equity.
Initial Analysis Of 2021 HMDA Data: The Year That Homes Became ATMs Again
Read NCRC’s preliminary analysis of the newly published HMDA data on mortgage lending in 2021.
The Community Reinvestment Act and Its Connections to Health Outcomes
America’s most powerful tool for fixing economic inequality is also key to fixing inequities in public health — because wealth and health are closely linked.
Racial Wealth Snapshot: Women, Men, and Racial Wealth Divide
This is one in a series of racial wealth snapshots. See more here. Download Infographic View Infographic Introduction Women have made great strides in the workplace, comprising nearly half of …
Racial Wealth Snapshot: Women, Men, and Racial Wealth Divide Read More »
Tracing the Legacy of Redlining: A New Method for Tracking the Origins of Housing Segregation
Eighty years after the Home Owners Loan Corporation (HOLC) formally drew its redlining maps, those neighborhoods are still high minority population areas with the highest rates of vacancy in their metropolitan areas.
The Great Consolidation of Banks and Acceleration of Branch Closures Across America
In the ten years from March 2010 through March 2020, there was a net loss of 11,820 branches in the US, an average of 98.5 per month. Since the pandemic reached our shores in March 2020, 4,025 branches have closed — an average of 201 branch closures per month. This was beyond our prediction and calls into question the future of bank branches as the principal conduit for access to financial services.
Racial Wealth Snapshot: Native Americans
The United States has too often hindered Native American advancement, not advanced it. Through years of intentional governmental policies that removed lands and resources, American Indians have been separated from the wealth and assets that were rightfully theirs.
NCRC 2020 Home Mortgage Report: Examining Shifts During COVID
Since the inception of the mid-20th century Civil Rights era and the implementation of racially blind laws such as the Community Reinvestment Act, we can point to little progress in bridging wealth and homeownership disparities.
Does Perceived Socio-Economic Status Impact Access to Credit in the Small Business Arena?
From November 1, 2020, to December 14, 2020, NCRC conducted multi-layered matched-
pair tests of 22 different financial institutions. The purpose of this study was to examine the
role of socio-economic status (SES), specifically perceived education, on the interactions
between race and treatment in the small business pre-application arena.
Fair Lending Tool webinar
Online Event Archive Recorded Thursday, October 28, 2021 Learn how you can use this powerful tool, available to all NCRC members, to produce a report on mortgages, small business lending …
