The Consumer Financial Protection Bureau found evidence of redlining, along with "racist and derogatory content" in emails among loan officers.
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 ...
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 ...
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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 ...
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 ...
Decades of housing discrimination hasn’t only depressed home values and erased opportunities for building wealth among generations of mostly minority Americans. The now-illegal collusion between banks ...
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 ...
The Consumer Federation of America says proposed changes to Regulation B would erode core civil rights protections in lending Advocates warn the pl ...
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 ...
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