Who’s watching the watchers on redlining?
On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about her feature article on redlining. The two discuss which regulators are most active in bringing redlining charges and why local community groups are now an important part of the process. They also discuss the surprising finding that depository banks lend less to minority applicants than nonbanks, and what that might mean for enforcement going forward.
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On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Mortgage Reporter Georgia Kromrei about her feature article on redlining. The two discuss which regulators are most active in bringing redlining charges and why local community groups are now an important part of the process. They also discuss the surprising finding that depository banks lend less to minority applicants than nonbanks, and what that might mean for enforcement going forward.
HW Media Articles related to this episode:
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