When my grandfather died, the farm was sold and my mother and her four siblings each received a share of the proceeds. And when my parents bought their first house in 1954, they used her modest inheritance for the down payment. They also obtained an affordable mortgage from the Federal Housing Administration set up after World War II to help returning veterans buy their own homes. Being ordinary citizens, they may well have been unaware of the fact that federal regulations and guidelines governing FHA loans overwhelmingly favored whites over people of color, putting them on the receiving end of white privilege in one of the biggest transfers of wealth in . history. Whether they knew it or not, however, the effect is the same.