Baltimore Brew, October 23, 2017: One branch’s closure sparks a battle against “banking deserts” in Baltimore
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Washington – Today, the National Community Reinvestment Coalition (NCRC) released an analysis of home purchase and small business lending in Baltimore, Maryland, and the surrounding areas. The analysis reveals deep racial disparities in mortgage lending. NCRC President and CEO John Taylor made the following statement: “While many Americans take the ability to obtain a mortgage for […]
Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas(Download PDF) This report, Home Mortgage and Small Business Lending in Baltimore and Surrounding Areas, details lenders’ abandonment of neighborhoods in Baltimore based upon the race of members of those neighborhoods and the preferences of lenders for white borrowers and majority white neighborhoods. Using maps, […]
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Today, the National Community Reinvestment Coalition (NCRC) released a series of maps showing the locations of bank branches and “alternative financial services providers” in Baltimore, Maryland. The maps show bank branch and “alternative financial services provider” locations based on income level and percentage of minority population. The maps show 122 bank branches in Baltimore, […]
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