Financial Services Innovation Coalition
No Result
View All Result
  • Home
  • About FSIC
    • Advisory Board
    • FSIC American Innovation and Opportunity Fund – Officers and Staff
  • Newsroom
  • Video

Financial Services Innovation Coalition
  • Home
  • About FSIC
    • Advisory Board
    • FSIC American Innovation and Opportunity Fund – Officers and Staff
  • Newsroom
  • Video
No Result
View All Result
Financial Services Innovation Coalition
No Result
View All Result
Home Media

FSIC Blog Post – “African Americans, Real Estate, and the Impact of Systematic Racism”

May 24, 2022
in Media
Share on FacebookShare on Twitter

In the latest FSIC podcast, FSIC founder and CEO Kevin Kimble spoke with Thaddaus Dawson, a CRA-designated member with the National Society of Real Estate Appraisers. Dawson discussed his hometown of Cincinnati and how when thinking about value evaluation, it is important to first look at the market and the marketability of the neighborhood. Essentially, Dawson states, systemic devaluation starts even before the actual valuation process. Ultimately, as the conversation highlights, this affects the long-term wealth building prospects for communities of color.

Kimble and Dawson also discussed recent obstacles encountered by the Black community in receiving funds from government programs, including the $40 billion set aside for black farmers and special window during the PPP program for Black businesses as well as an SEC initiative to increase minorities on corporate boards. In the latter two cases, the programs faced lawsuits, despite their intent to increase black wealth.

Finally, Kimble and Lawson examined the recent proposed rulemaking for the Community Reinvestment Act from the FDIC and OCC to strengthen and modernize the CRA by expanding access to credit, investment and basic banking services. They stressed the importance of a policy that is substantive and is maintained into the next presidential administration.

Listen to the full podcast here.

Related Posts

FSIC Housing Task Force Blog Post – Mortgage denial rate for Black borrowers is twice that of overall population, report finds
Media

FSIC Housing Task Force Blog Post – Mortgage denial rate for Black borrowers is twice that of overall population, report finds

October 2, 2022
FSIC Video Podcast – “What is Antitrust and Why are Monopolies Bad?”
Insights

FSIC Video Podcast – “What is Antitrust and Why are Monopolies Bad?”

October 1, 2022
FSIC Press Release – FSIC and Guap City DOA LLC Announce a Partnership to Grow a Digital City and Promote Sustainable Agriculture
Media

FSIC Press Release – FSIC and Guap City DOA LLC Announce a Partnership to Grow a Digital City and Promote Sustainable Agriculture

September 11, 2022
Media

FSIC Press Release – AIOF Congratulates Graduates from its Recent Dream Creators Workforce Development Program

August 9, 2022

TOPICS

AI Crypto Metaverse Facial Recognition antitrust Archived Press Release Bank Fees Banking Blog Post Congress Credit Reporting Economic Empowerment Facial Recognition FSIC Housing Task Force Health Care Hidden Fees legal Lending Market Overview MLK Birthday MLK Holiday monopolies monopoly Mortgage news release Op-ed Oversight Predatory Practices Press Release public private partnerships Redlining SECURE Act Segregation Social Justice Technology video Video Podcast Voting Rights Workforce

FEATURED POST

A Case for Inclusion

FSIC Economic Inclusion Reverse Discrimination Defense Initiative

February 21, 2023

FSIC Letter to Congress: Support the SECURE Act

November 28, 2022

FSIC Housing Task Force – Blog Post – “Is The New Bank of America Zero-Down Payment Mortgage Really Just Reverse Redlining?”

November 8, 2022
FSIC Housing Task Force Blog Post – Mortgage denial rate for Black borrowers is twice that of overall population, report finds

FSIC Housing Task Force Blog Post – Mortgage denial rate for Black borrowers is twice that of overall population, report finds

October 2, 2022

Tags

AI Crypto Metaverse Facial Recognition antitrust Archived Press Release Bank Fees Banking Blog Post Congress Credit Reporting Economic Empowerment Facial Recognition FSIC Housing Task Force Health Care Hidden Fees legal Lending Market Overview MLK Birthday MLK Holiday monopolies monopoly Mortgage news release Op-ed Oversight Predatory Practices Press Release public private partnerships Redlining SECURE Act Segregation Social Justice Technology video Video Podcast Voting Rights Workforce

About Us

FSIC is a network of Industry Innovators, Legislators, Community Groups, and Academics who share a passion for applying emerging technology and market innovation to create a more inclusive economy and advocate for policy which promotes economic empowerment.

Category

  • Insights
  • Media
  • News Release
  • Newsroom
  • Press Release
  • TechCast
  • Uncategorized
  • Video

Tweets

  • About
  • Contact

© 2022 FSIC - The Financial Services Innovation Coalition .

No Result
View All Result
  • Home
  • About FSIC
    • Advisory Board
    • FSIC American Innovation and Opportunity Fund – Officers and Staff
  • Newsroom
  • Support Our Work

© 2022 FSIC - The Financial Services Innovation Coalition .

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist