Redlining is Still a Big Issue, City National Bank in Los Angeles is an Example

ACORN Banks Wade's World

Pearl River      The crime is redlining, the pernicious policy of banks discriminating against lower income and minority communities particularly in mortgage lending.  And, yes, despite passage of the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA) not only is redlining still happening, but the impacts of its history are still having devastating …

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