Headlines from the New York Times for Thursday, March 8, 2018
The Race-Based Mortgage Penalty
As the Trump administration begins to gut federal enforcement of civil rights laws, minority communities that were targets for predatory home loans before the recession have become vulnerable yet again to mortgage discrimination. This time, many banks are simply writing off communities of color and denying them loans at all.
An alarming new study by the Center for Investigative Reporting’s online publication Reveal found that African-Americans and Latinos were far more likely to be denied conventional mortgages than whites even when income, loan size and other factors were taken into account. The study examined 31 million mortgage records and found disturbing evidence in 61 metropolitan areas, including Atlanta, Detroit, Philadelphia, St. Louis and San Antonio. African-Americans faced their worst obstacles in the South — Mobile, Ala.; Greenville, N.C.; and Gainesville, Fla. — and Latinos in Iowa City.
Black applicants were disproportionately turned away, as compared to whites, in 48 metropolitan areas, Latinos in 25, Asian-Americans in nine and Native Americans in three areas. In Washington, D.C., the study found that all four groups were far more likely to be denied home loans than were whites.
In Philadelphia, whites received 10 times as many conventional mortgage loans as African-Americans during 2015 and 2016, even though the two groups reside in the city in roughly equal numbers.
The editorial continues in the New York Times on-line.
Readings from the Gospel of John for Thursday, March 8, 2018
The Gospel of John is a story of two responses to Jesus. John writes, “He was in the world, and the world came into being through him; yet the world did not know him. He came to what was his own, and his own people did not accept him. But to all who received him, who believed in his name, he gave power to become children of God” (John 1.10-12).
People have the opportunity to know Jesus, not merely know about him. My wife is an excellent cook. Some her specialties are in one of our church’s recipe books. I know from 39 years of married life that knowing her is so much more than merely knowing about her through reading a few recipes of her specialties.
Jesus is in our world today through the work of the Holy Spirit. He can be known, not just known about, like reading a book or seeing a show on the History Channel.
Please join me in praying today that people will know Jesus in personal relationship that the know is real. Ask God for this relationship to be real and transformational.
Prayers for Thursday, March 8, 2018
Dear Jesus, we pray that people who know you will act justly in society.