The U.S. Consumer Financial Protection Bureau proposed a settlement with Townstone Financial in its case accusing the home lender of discriminatory lending practices and redlining Black neighborhoods ...
A new analysis by Zillow suggests that private, or "pocket," listings in Chicago reinforce housing segregation, but proponents of these listings say they're better for the housing market overall. The ...
The American dream of homeownership remains painfully out of reach for far too many Black and Hispanic families. Only 43% of Black households and 60% of Hispanic households in Chicago own their home — ...
If approved, the settlement would leave legal concerns over free speech, race-based affirmative lending, and the use of data in modern-day redlining lawsuits “without adjudication of any issue of fact ...
Redlining is the act of denying people access to credit because of where they live and who they are. To this day, Chicagoans live in a fairly segregated city. And that segregation didn’t happen by ...
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