The Consumer Financial Protection Bureau found evidence of redlining, along with "racist and derogatory content" in emails among loan officers.
Redlining is a term that evokes painful memories of discrimination, systemic inequality and economic hardship for countless communities, particularly those of color. Historically, redlining referred ...
In the 1930s, the U.S. government introduced the practice of redlining — categorizing neighborhoods based on the ethnic and racial backgrounds of the people who lived there, with areas primarily ...
A congressional watchdog determined a federal agency responsible for overseeing national banks — the Office of the Comptroller of the Currency (OCC) — has followed procedures “inconsistently” and used ...
The Justice Department has secured $122 million from a dozen banks and mortgage companies in redlining cases since Attorney General Merrick Garland announced the agency's Combat Redlining Initiative ...
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The long-term, systemic consequences of structural racism can be challenging to see, quantify, and communicate. But an online tool developed by Jaime Madrigano, an associate professor in the ...
First National Bank of Pennsylvania said that it is "deeply disappointed" that the government started an investigation despite the fact that it only entered the Charlotte and Winston-Salem, North ...
Imagine you live in a neighborhood that has long been under-resourced — "redlined" back in the days when such overt discrimination was both legal and encouraged by the federal government, and which ...
The days of legally sanctioned race-based housing discrimination may be behind us, but the legacy of attitudes and practices that kept nonwhite citizens out of some neighborhoods and homeownership ...
HBCUs across the Black rural south have long struggled with broadband access. With many HBCUs suffering from unstable internet connections, one school hopes to be the game-changer against digital ...
It’s been a little over a month since a mass shooting in Buffalo, New York, where a gunman killed 10 and injured three in a racist attack on a grocery store. Since then, the Department of Justice has ...