- Accuracy in Media - https://www.aim.org -

Blaming Mortgage Lenders for Milwaukee Violence? NBC News Article Asks the Question

Well, trying to pin the blame on bad banks [1], or something:

But at the heart of the issue is the fact that — like other American cities that have been the site of recent racial protests — it’s not easy to borrow in Milwaukee if you’re black.

In the Milwaukee Metropolitan Statistical Area, whites represent 70 percent of the population, and received 81 percent of all mortgage lending, according to a recent study [2]. Meanwhile, African-Americans represent 16 percent of the population — but only 4 percent of the loans.