Kept Out: Banks Across U.S. Caught Systematically Rejecting People of Color for Home Loans

A shocking new investigation by Reveal and the Center for Investigative Reporting has uncovered evidence that African Americans and Latinos are continuing to be routinely denied conventional mortgage loans at rates far higher than their white counterparts across the country. Reveal based its report on a review of 31 million mortgage records filed with the federal government in 2015 and 2016. The Reveal investigation found the redlining occurring across the country, including in Washington, D.C., Atlanta, Detroit, Philadelphia, St. Louis and San Antonio. We speak to Aaron Glantz, senior reporter at Reveal from The Center for Investigative Reporting, and Rachelle Faroul, a 33-year-old African-American woman who was rejected twice by lenders when she tried to buy a brick row house in Philadelphia, where Reveal found African Americans were 2.7 times as likely as whites to be denied a conventional mortgage.