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Bank of America is offering zero down ... threatened to deepen the alarming divide between White homeownership and that of minorities. Black homeownership stood at just 43.4% at the end of 2020 ...
the national Black homeownership rate was at 45 percent, while the rate of white homeownership reached 75 percent. Rashawn Ray, a senior fellow at the Brookings Institution, said Bank of America ...
Bank of America launched ... discriminatory practices. In 2020, Black and Hispanic applicants were more likely to be rejected for mortgage loans than their white or Asian counterparts, according ...
Across a slew of metrics, the challenges Black home buyers are up against are sizeable and showing little improvement. The homeownership rate for White Americans ... National Bank in Ohio engaged ...
Black investors in Atlanta are pleased to share that they are the first to acquire a bank previously owned by white people, wrapping up Black History Month with a historic acquisition. Former ...
Instead, the white ... (the bank manager) engaged in was determining Ms.Young’s skin color and seeing the amount of the check to be cashed,” the lawsuit, obtained by Atlanta Black Star ...
Black and Latinx homeowners are finally getting a lift from one of the nation’s largest banks in the newly revived real estate market. Bank of America’s BAC new ‘Community Affordable Loan ...
For every $1 of wealth held by a white family, a Black family had just $0.25 in 2022, according to the Federal Reserve Bank of St. Louis. Black families face unique, racist barriers to creating ...
But amidst the buildings with shattered windows and colorful graffiti is a beacon of hope: The headquarters for McDonald’s Liberty Bank, the largest Black-owned bank in America. “We could do ...
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