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Jarrod Whitaker "The Real Estate Godfather of Harlem" shares tips on using real estate to create wealth.

I asked Jarrod Whitaker "The Real Estate Godfather of Harlem" to share his best advice on using real estate as a way to create generational wealth. ....

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Dismantling racism means removing barriers to home ownership

Owning a home is a huge part of the American Dream for those who call Michigan home. It is also one of the keys to building wealth, which many Black and brown families have learned and now strive for. ....

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US banks facing new anti-redlining rules

The Fed has voted to approve significant legislative changes ....

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The Skanner News - Justice Department's Initiative Secures $107 Million in Relief for Redlining Victims

Since its inception, officials have secured ten settlements with financial institutions, facilitating increased credit access for communities of color in various cities, including Houston, Memphis, and Philadelphia ....

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The government secures a $9 million settlement with Ameris Bank over alleged redlining in Florida

The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans. The bank denied violating fair lending laws and said it wanted to avoid litigation by agreeing to the deal, which does not include civil monetary penalties. It’s the latest settlement over a practice known as redlining, which the Biden administration is tackling through a new task force that earlier this year reached the largest agreement of its kind in the department's history. ....

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