Black homeowners struggle as US housing market recovers

SAN FRANCISCO (AP) — Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in San Francisco more than two decades ago. Today, the couple is living in a motel after they were evicted last year, having lost a […]

Wells Fargo Commits $60 Billion to Increase Black Homeownership

(NNPA) – Wells Fargo & Company has set aside a staggering $60 billion to lend to at least 250,000 black homeowners by the year 2027. Metropolitan Atlanta‚Äôs second-largest bank also pledged to increase the diversity of its home lending sales team and spend another $15 million to give financial education and counseling over the next […]