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For individuals of color, banking institutions are shutting the hinged door 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 mortgages at prices far greater than their white counterparts.

This redlining that is modern-day in 61 metro areas even if controlling for applicants’ earnings, loan quantity and neighbor hood, relating to 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 utilized by leading academics, the Federal Reserve and Department of Justice to determine lending disparities.