For folks of color, banks are shutting the hinged home to homeownership. Top Articles

For folks of color, banks are shutting the hinged home to homeownership. Top Articles

The Pentagon Papers: Secrets, lies and leakages

Unmasking the landlords that are secret up America

Behind the Smiles

Fifty years following the federal Fair Housing Act banned discrimination that is racial financing, African People in the us and Latinos keep on being regularly rejected mainstream home loans at prices far more than their white counterparts.

This redlining that is modern-day in 61 metro areas even if managing for applicants’ earnings, loan quantity and community, based on a mountain of home loan Disclosure Act documents analyzed by show from The Center for Investigative Reporting.

The analysis that is yearlong centered on 31 million documents, relied on methods employed by leading academics, the Federal Reserve and Department of Justice to determine lending disparities.

It discovered a pattern of troubling denials for folks of color around the world, including in major towns such as Atlanta, Detroit, Philadelphia, St. Louis and San Antonio. African People in america faced the resistance that is most in Southern urban centers – Mobile, Alabama; Greenville, new york; and Gainesville, Florida – and Latinos in Iowa City, Iowa.

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