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Reveal: For people of color, banks are shutting the door to homeownership

Reveal exposes modern-day redlining is occurring in at least 61 US cities. In Philadelphia, black applicants there were almost three times as likely to be denied a conventional home purchase loan as white applicants. And this discrimination isn’t just a few banks, nearly two-thirds of mortgage lenders are still discriminating against clients of color.

Reveal: For people of color, banks are shutting the door to homeownership Read More »

CNNMoney: Trump may weaken ‘outdated’ rules that force banks to lend to the poor

For years, banks have been fighting these requirements to lend to underprivileged people — and President Trump is listening as he continues his war on regulation. The irony is that these rules benefit the same “blue-collar people Donald Trump maintains he represents.

CNNMoney: Trump may weaken ‘outdated’ rules that force banks to lend to the poor Read More »

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