Study Finds, September 3, 2024, Bank Bias? Highly Qualified Black Entrepreneurs Still Offered Worse Loans, Service Discussion and TakeawaysThe study’s findings underscore the persistent problem of racial discrimination in financial services and its detrimental effects on both customers and businesses. The researchers emphasize the need for a multi-faceted approach to address this issue, involving financial

Patch: Fair Appraisals, September 12, 2024, New Jersey Passes Housing Discrimination Law Attorney General Matthew Platkin said he supports the state’s new law as yet another way to fight back against the racial wealth gap. “Discrimination in the housing appraisal industry has prevented far too many – particularly people of color – from acquiring the

Bloomberg Law, September 19, 2024, Capital One-Discover Deal Hits Roadblock In Bank Merger Overhaul The Fed hasn’t officially changed its merger policy. But even without a formal change, the central bank may ultimately apply tougher standards than in the past, when critics say the federal banking agencies were too quick to approve deals. “Historically, the

The Conversation, September 20, 2024, Gentrification Isn’t Inevitable – It Can Hinge On How Residents View Their Neighborhood As the U.S. population becomes increasingly urban, gentrification can seem inevitable. However, scholars have found that it’s actually pretty rare. For example, a study by the nonprofit National Community Reinvestment Coalition that examined neighborhood change from 2000

The Banker, September 19, 2024, Industry Groups Criticise ‘Opaque’ US Bank M&A Rules National Community Reinvestment Coalition CEO Jesse Van Tol welcomed the move to better protect the public from “harmful mergers, as community advocates have long called for, by ensuring that the needs of everyday people are properly considered in these vital decisions”. The