The Consumer Financial Protection Bureau found evidence of redlining, along with "racist and derogatory content" in emails among loan officers.
Oct. 19 (UPI) --The U.S. Justice Department Thursday said it has reached a $107 million redlining settlement for communities of color nationwide. Redlining is the practice of racist lending ...
Racially restrictive covenants and redlining discrimination created segregated housing. Opportunity for Black residents of Wisconsin to purchase a home and build wealth has been limited by racially ...
Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage ...
While the term "redlining" is now used to describe racial discrimination generally, its origins can be traced to the 1930s and the practice of lending institutions to use color-coded maps as a basis ...
When Wendyliz Martinez traveled from Pennsylvania to the Bronx to stay with her mom during the pandemic, she was looking for a way to balance childcare with her online graduate studies at Penn State.
About 20 people of multiple racial and ethnic groups participated in a discussion on race and the history of race-based issues in the United States at an event called "Black in Our Region" on Monday ...
Long-abolished discriminatory lending practices in the US are still having an impact on the inequality of climate risks facing urban populations today, according to a new study. The research, ...
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What Is Lending Discrimination?
Text Callout : Key Takeaways - What Is Lending Discrimination? Denying loans or treating applicants unfairly based on personal characteristics like race, gender or national origin should be a thing of ...
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