Lending Bias Found In St. Louis, Milwaukee, Minneapolis

By John Kennedy (July 19, 2016, 3:53 PM EDT) -- The St. Louis, Milwaukee and Minneapolis areas have extensive mortgage lending imbalances, the National Community Reinvestment Coalition said in a report released on Monday, finding that mortgage credit distribution is heavily swayed by family income levels and the racial makeup of neighborhoods.

The coalition, which is comprised of a number of organizations seeking to create opportunities for people to build wealth, said that the three cities, although differently segregated, are home to sweeping lending inequalities. Although median family income is a crucial factor and often more telling than race when it comes to lending discrimination, lending is done more often in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!