The importance of ensuring and strengthening the CRA was highlighted during the National Community Reinvestment Coalition’s Reinvest Philly summit.
Philadelphia Tribune: Summit rallies forces to fight easing of federal lending law Read More »
A historical map of NYC, from NCRC shows the areas where federal agencies would provide mortgage insurance to incentivize lending to homeowners and developers, versus areas where developers didn’t receive the same incentive.
Next City: Opportunity atlas provides another chance to review redlining’s legacy Read More »
She learned that her Salvadoran parents might soon be kicked out of the country. And so, at 14, she began preparing for life without them.
The Washington Post: American girl: A story of immigration, fear and fortitude Read More »
Some places lift children out of poverty. Others trap them there. Now cities are trying to do something about the difference.
Central bank may change criteria it uses to apply some of its capital, liquidity rules for biggest U.S. lenders.
Wall Street Journal: Fed rethinks how to define a big bank Read More »
With her venture firm, Backstage Capital, and a new $36 million fund for black female founders, Arlan Hamilton is changing entrepreneurship in the U.S.
How grassroots study groups, nonprofit fellowships and municipal fiscal support conspire to seed the cooperative ecosystem, particularly for people of color.
Next City: Worker co-ops catch on in Philadelphia Read More »
The American Housing and EconomicMobility Act addresses the lingering effects of housing discrimination, the growing housing crisis, and the policies that have held back so many Americans.
If the Great Recession was 10 years ago, why does it feel like it was yesterday? Millennials share their stories of how their lives are still affected by last decade’s financial crisis. Here’s 5.
Buzzfeed News: Here’s how millennial’s lives were changed by the recession 10 years ago Read More »
Incidences of fake comments delivered to the government to boost support for a particular regulatory position have become epidemic.
With $45 billion in annual funding over 10 years, the progressive senator is proposing a solution that would fund a massive investment in creating more affordable housing.
Fast Company: Elizabeth Warren has a plan to help end the housing crisis Read More »
While much in the OCC’s initial draft raises concerns, there is an opportunity to take a good, but incomplete law and make it better.
American Banker: OCC should improve CRA, not gut it Read More »
White borrowers pay down their education debt at a rate of 10 percent a year, compared with 4 percent for black borrowers, a study finds.
CNBC: Racial wealth inequality is worsened by student debt, study finds Read More »
The American Housing and Economic Mobility Act of 2018 addresses housing supply, discrimination, financing, zoning, and taxes.
Curbed: Senator Warren has a $450 billion plan to fix the housing crisis Read More »
“The foreclosure crisis really started as a subprime lending crisis,” Van Tol said, referring to the extremely risky loans lenders made to borrowers with less-than-stellar credit in the lead up to the crisis. “Low-and-moderate income people and people of color were disproportionately targeted for these bad loans.”
Market Watch: A decade after the housing crisis, foreclosures still haunt homeowners Read More »
