iOS app Android app

Redlining

House Hunting as a Person of Color With a Child on the Way

Brandon L. Greene | Posted 07.21.2014 | Black Voices
Brandon L. Greene

As my partner and I are both attorneys who work on and in support of public education, private school was not an option for us, so we decided to look for homes further out but with highly rated public schools. At the risk of sounding naïve, I was wholly unprepared for the reality that came with prioritizing high-quality public schools in my home search.

Poster City of Abandonment

Robert Koehler | Posted 05.13.2014 | Detroit
Robert Koehler

It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it hard. The phrase at the time was "urban blight," a social cancer with unexamined causes that, in the ensuing years, has gotten progressively worse.

Homeowners Face Segregated Mortgage Market

Deyanira Del Rio | Posted 10.01.2012 | Money
Deyanira Del Rio

People of color disproportionately received federally insured loans -- backed by the Federal Housing Administration (FHA) or Department of Veterans Affairs (VA) -- to finance the purchase of their homes and to refinance existing mortgages.

Are Conventional Mortgages Drying Up in Minority Communities?

Chris Birk | Posted 09.29.2012 | Business
Chris Birk

A new report from seven housing and policy agencies suggests evidence of a two-tiered mortgage market in which borrowers and communities of color are increasingly cut off from prime conventional financing.

Is Redlining Back? Evidence Grows That Qualified Borrowers Can't Get a Loan

Preeti Vissa | Posted 08.09.2011 | Business
Preeti Vissa

It has become increasing clear that there are large numbers of qualified borrowers who can't get a loan. Disturbingly, there are signs of a racial pattern to this phenomenon.

Sallie Mae's Jets: Bank Shills Use "Socialism" Scare to Shaft Students, Serve the Wealthy

Richard (RJ) Eskow | Posted 05.25.2011 | College
Richard (RJ) Eskow

"School loan socialism" is the new Death Panel. But, hey, somebody's gotta keep Sallie Mae's corporate jets flying.

GOP Uses ACORN To Fight Bank Redlining Law

AP | SHARON THEIMER and PETE YOST | Posted 05.25.2011 | Politics

WASHINGTON — Conservative Republicans are capitalizing on the troubles of community activist group ACORN – ranging from charges of voter r...

Republicans' 4% Mortgage "Stimulus" Is Latest Ponzi Scheme

Ronald B. Robinson | Posted 05.25.2011 | Politics
Ronald B. Robinson

Does the Republican ploy to provide 4% home mortgages to boost the economy sound too good to be true? It is. Buyer Beware!