Legal experts say Berkshire Hathaway’s mortgage companies are carrying out the very practices outlawed by the Fair Housing Act.
The Democratic Senator said officials are rolling back anti-discrimination protections for people of color in the face of modern-day redlining.
Here’s what the Treasury Department’s changes would do, and wouldn’t, toward solving four major problems we have outlined in our investigation.
Though blacks and whites represent similar shares of the population in the Philadelphia metro area, Reveal found white borrowers received 10 times as many conventional home loans as black ones.
We received thousands of questions about redlining’s history and legality – and what everyday citizens can do about it.
Chase’s only DC office isn’t technically a branch, which allows it to dodge CRA regulations.
As the Trump administration withdraws from enforcing consumer protection and fair lending law, state attorneys general are stepping into the breach.
A study found that minorities are denied mortgages more than whites, even when accounting for income and other factors.
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.