Housing Market, Blacks | featured news

Nation’s Cities Almost Free of Segregation, Study Finds

More than 40 years after the federal government enacted fair-housing legislation and the Great Migration of blacks from the South began to ebb, residential segregation in metropolitan America has been significantly curtailed, according to a study released Monday.

 

Justice Department presses Wells Fargo on loans: source

Wells Fargo & Co and the Department of Justice are negotiating to settle allegations that the bank illegally targeted African-Americans for expensive subprime loans, according to a source familiar with the matter.

 

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