Tag: discrimination
The Black Lives Matter protesters have brought renewed attention to the enduring economic inequality that separates Black and white America. Homeownership is at the heart of this disparity. For many Americans, their largest source of wealth is the value they have built up in their homes over time. The house is also traditionally the primary…
Do online financial companies give minorities a fair shake? Researchers and consumers have found some early evidence that this fast-growing segment of the financial industry – Fintech – may be mitigating, though not eliminating, the legacy of discrimination that has been widely documented in the brick-and-mortar mortgage industry. First came bank redlining, a conceptual lin…
