Tag: fair lending practices
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NAREB Takes Fight for Black Homeownership to Congress
By Hazel Trice Edney (TriceEdneyWire.com) – The rate of Black homeownership in America – now at 41.1 percent, according to 2019 U. S. Census numbers – is even lower than it was when the U. S. Fair Housing Act was signed into law 51 years ago on April 11, 1968. This means Black homeownership is ... -
The State of Lending in Communities of Color
By Charlene Crowell One of the most reliable measures of a community’s economic vitality is convenient access to full-service banking. Regardless of whether a community is urban, suburban or rural, both consumers and local businesses rely on brick and mortar bank branches for a wide array of products and services. New research that measures how ...