Rainbow Push Coalition and Citizenship Education Fund, 19th Annual Wall Street Project Economic Summit:Real Estate Redlining Panel

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Rainbow Push Coalition and Citizenship Education Fund, 19th Annual Wall Street Project Economic Summit:Real Estate Redlining Panel. Moderator Eugene Duffy, Panelists, R. Fenimore Fisher and Max Wolff.Although ostensibly "Redlining" was outlawed decades ago, red lining as re-emerged as a serious concern. The major banks have yes retreated in some ways from providing business and home loans to African Americans in the wake of the 2008 financial crisis. But, a November 2015 study by the National Community Reinvestment Coalition shows stark differences in mortgage lending policies that are now based on the racial makeup of a neighborhood rather than the income of the applicant. This has profound impact on minority businesses that are the cornerstone of economic stability and mobility in the African American community.Rainbow PUSH Coalition

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