Source: Housing Wire —
Redlining is a five-alarm word in the lexicon of American racism, but it really has a quite specific definition: The denying of credit in non-white, particularly Black neighborhoods.
The federal government was for redlining before it was against it, instituting color-coded maps of fast-changing metropolises for the better part of the 20th Century. And redlining is very much still around.
How much? The racial homeownership gap is now wider than it was in 1890.
What is not widely known is the role federal banking regulators play in letting this practice continue.