To further complicate matters, there is now a third head on the "
redlining dragon," namely non-HMDA lending activities (i.e., other consumer loan types not reportable under HMDA, such as credit cards and auto loans).
Michigan officials have been in the forefront of the Clinton administration's critics, not only because of their concern for environmental
redlining's effect on proposed facilities but because of the effect on existing facilities.
And while Al Orendorff, a spokesperson for Allstate, says the company disputes allegations of
redlining, the agreement, he adds, is "a productive partnership for us, NFHA, and our customers.
It was not clear how prevalent
redlining actually was.
[sections of] The Department of Housing and Urban Development is forming a special task force to investigate
redlining of homeowners' insurance.
The author exposes the
redlining phenomenon using original essays from well-known community activists.
What is
redlining and why should mortgage bankers pay close attention?
New York attorney general, Eric T Schneiderman, is looking into whether Evans Bank deliberately cut off mortgage lending to predominantly minority communities, a process known as
redlining.
Will the disadvantaged--many of whom are people of color--participate equally in the information revolution, or will they become victims of what critics call "electronic
redlining"?
Among other things, his economic plan advocates creating a nationwide network of community development banks to provide loans for small entrepreneurs, creating urban enterprise zones and strengthening the Community Reinvestment Act to reduce
redlining. Harriet Michel, president of the New York City-based National Minority Supplier Development Council Inc., which promotes business between minority companies and the public and private sector, is guardedly optimistic.