The color of money

Number 4705
Subject Mortgages
Source Atlanta Journal-Constitution
State GA
Year 1988
Publication Date throughout 1988
Summary Atlanta Journal-Constitution conducts computer-assisted study of federal records of loans by banks and savings and loan associations, finding discrimination against city's middle-income blacks in home loans, business loans and bank services compared to whites of similar income levels. The investigation also finds poor federal enforcement of the Community Reinvestment Act and Equal Credit Opportunity Act and finds S&Ls nationwide reject black loan applicants twice as often as whites. It is also disclosed that Citicorp and others avoid soliciting black real estate agents.
Category Contest Winner
Pages 65
Keywords CAR; Redlining; Racism
Related Links
Related Video
Contest Questionnaires Only members can download contest entry questionnaires! Log in to get access.
Ordering info Want to place an order? Email us or call us at 573-882-3364 (Stories are only available to members of IRE. For membership information, please refer to our membership page)