Philadelphia, PA

The Philly Four: Black people less likely to get mortgage in Philly, Senate passes bill requiring public curriculums

Sam Britt

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Sam Britt/ News Break

Welcome to The Philly Four, a daily recap of four of the top stories from the Philadelphia area, covering everything from local government to the Phillies bullpen. A one-stop shop for the most important news bites in the City of Brotherly Love.

Black people 3 times more likely to get turned down for a mortgage in Philadelphia

  • New analysis from the Federal Reserve Bank of Philadelphia found that Black people are three times more likely to be denied a mortgage relative to white counterparts. The report listed limited credit histories, low credit scores and high debt-to-income ratios as the main reasons given for applications denials. This disparity in loans given out has continued to increase the homeownership gap within the city.

DA Krasner and Pa. AG Shapiro spar over opioid settlement

  • Philadelphia District Attorney Larry Krasner argued with Pennsylvania Attorney General Josh Shapiro on Monday over a proposed $1 billion settlement between the state and four pharmaceutical companies. Krasner is arguing that Philadelphia's cut of the settlement, $173 million, is a "sellout" and doesn't compensate the city for what it has suffered as a result of the opioid crisis.

Pa. Senate passes bill requiring schools to post curriculum

  • The state Senate passed a bill that would require school districts to post their educational materials and curriculums online so parents may view the information being taught. Some schools already voluntarily do this but the aim of the bill is to standardize the practice. However, opponents of the bill argue that this will further politicize education and potentially allow for the public to pressure schools to remove certain material.

Knicks, Lakers rumored to be interested in Ben Simmons

  • The New York Knicks and Los Angeles Lakers are reportedly interested in trading for disgruntled Philadelphia 76er's point guard Ben Simmons. Simmons, a three-time All-Star, has sat out this season after requesting a trade over the summer. Other teams rumored to be interesting are the Minnesota Timberwolves, Portland Trail Blazers, Sacramento Kings, Indiana Pacers and Cleveland Cavaliers. However, the Sixers are asking for a star in return, which has cooled the market for now.

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Journalist covering all Philadelphia area news, from last Sunday's Eagles game to the latest from City Hall. For weekly recaps of the news you missed please check out the Philly JAWN newsletter, available at https://newsletter.newsbreakapp.com/

Philadelphia, PA
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