“…U.S. metropolitan areas are defined by ethnoracial and socioeconomic segregation within and between neighborhoods (Krysan & Crowder, 2017;Massey & Denton, 1993;Quillian & Legrange, 2016;Reardon & Bischoff, 2011). As a result, neighborhoods with higher shares of poor and non-White households tend to be deprived of economic and institutional resources (Quillian, 2012;Sampson, 2012;Small & McDermott, 2006;Wilson, 1987) and their residents face various forms of exploitation, discrimination, and disadvantage (Besbris et al, 2015;Besbris et al, 2019;Desmond & Wilmers, 2019;Faber, 2019b;Quillian, 2014;Sharkey, 2013;Sharkey & Faber, 2014). Before, during, and after the Great Recession, more segregated neighborhoods experienced more subprime lending, more foreclosures, and an increase in the establishment of fringe financial institutions (Faber, 2018a(Faber, , 2018bWyly et al, 2009).…”