Wall Street firms drove up housing and rent prices while depressing homeownership rates after the financial crisis, according to a new study of economic data.
Splinter: Wall Street has made everything about our housing crisis worse Read More »
NCRC has pushed banks to provide $84 billion in lending and philanthropy for low-to-moderate-income communities and communities of color.
NCRP: NCRC turns banks into social justice backers Read More »
The senator’s American Housing and Economic Mobility Act contains a provision that appears to address historic redlining policies. Just don’t call it “reparations,” experts say.
CityLab: Elizabeth Warren’s housing crisis plan hints at reparations Read More »
Redistribution is important, but it comes too late.
The New York Times: Elizabeth Warren wants to stop inequality before it starts Read More »
As the shutdown drags on, it’s jeopardizing the welfare of those who live in HUD-subsidized housing, including low-income families and the elderly.
NBC News: How the shutdown is hurting some of America’s poorest families Read More »
“We are already seeing an unusual level of discord among the regulators,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition, a fair-lending advocacy group. “I think there is a significant risk that the whole effort will backfire, unless a more careful and consensus-driven approach is taken.”
The Wall Street Journal: Trump team’s rewrite of low-income lending rules falters Read More »
The student loan ombudsman at CFPB has resigned, saying the agency’s leaders have chosen to serve powerful financial companies instead of consumers.
NPR: Student loan watchdog quits, blames Trump administration Read More »
