Source: A Stacked Deck: A visual look at discriminatory lending in the U.S. | Reveal
A Stacked Deck: A visual look at discriminatory lending in the U.S.
This story was originally published by Reveal from The Center for Investigative Reporting, a nonprofit news organization based in the San Francisco Bay Area. Learn more at revealnews.org and subscribe to the Reveal podcast, produced with PRX, at revealnews.org/podcast.
People of color continue to be denied conventional mortgage loans at rates far higher than their white counterparts.
We spent a year analyzing 31 million mortgage records, employing techniques used by leading academics, which control for nine economic and social factors. We found a troubling pattern of denials for African Americans, Latinos, Asians and Native Americans across the country.
People of color have struggled for equal access to loans for decades. Join Reveal host Al Letson for a visual overview of how our findings fit into this larger history.
“This story was produced by Reveal from The Center for Investigative Reporting, a nonprofit news organization. Learn more at revealnews.org and subscribe to the Reveal podcast, produced with PRX, at revealnews.org/podcast.”
Will Evans, Reveal Publishing author’s name.
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> The red line: Racial disparities in lending <
In dozens of cities across the country, lenders are more likely to deny loans to applicants of color than white ones.