Media Planet: 3 key ways to fight lending discrimination
For those who aren’t rich and white, the American dream of home ownership is too often out of reach.
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Bloomberg: America needs to revive the American dream of homeownership
Government should help low-income buyers and give cities incentives to boost housing construction.
Bloomberg: America needs to revive the American dream of homeownership Read More »
The Atlantic: Elizabeth Warren’s ambitious fix for America’s housing crisis
Jesse Van Tol, CEO of the National Community Reinvestment Coalition, believes the bill’s reform of the CRA is essential and that banks need to be held accountable when they loan to low-income communities and communities of color.
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American Banker: Warren wades into CRA overhaul with revamp plan of her own
“This bill presents a vision for updating the Community Reinvestment Act that places the well-being of communities at the center of it,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
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The Verge: How bad maps are ruining American broadband
ISPs are painting over US broadband problems, and the FCC is letting it happen.
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Washington Post: Non-bank lenders are back and even bigger than before
More than half of all mortgages issued last year came from non-bank lenders, up from 9 percent in 2009 and higher than non-banks’ market share before the financial crisis.
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The New York Times: News site to investigate big tech, helped by Craigslist founder
The Markup, dedicated to investigating technology and its effect on society and racial biases, will be led by two former ProPublica journalists.
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Axios: Airbnb asks SEC to let it give hosts equity
Airbnb has sent a comment letter to the U.S. Securities and Exchange Commission, asking it to allow the home-sharing company to give equity to its hosts.
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CityLab: When a hospital plays housing developer
A children’s hospital in Columbus, Ohio, is trying to treat a difficult patient: Its own struggling neighborhood.
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The Atlantic: Wages are low and workers are scarce. Wait, what?
The low unemployment rate and stagnant pay point to a depressed economy underneath.
The Atlantic: Wages are low and workers are scarce. Wait, what? Read More »
The GroundTruth Project: Crossing the Divide; California
“They called it urban renewal; we call it urban removal,” said church member Alexander T. Williams.
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Slate: Black space, white blindness
Why white Americans have such a hard time picturing a middle-class black neighborhood.
Slate: Black space, white blindness Read More »
Chicago Tribune: Starbucks, florists and other warning signs a neighborhood’s home prices are about to go up
Starbucks doesn’t follow the gentrifiers, it paves the way for them.
Politico: Warren slams Mulvaney for donor meeting
Sen. Elizabeth Warren (D-Mass.) suggested Wednesday that Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, may have violated federal law by speaking to a group of donors, in the latest of a series of stinging letters to the Trump administration official.
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Star Tribune: For homebuyers, mortgages are safer but tougher to come by
“For the average consumer, the biggest thing that has changed is it’s a lot clearer at the closing table what kind of loan you’re getting and what you can expect to pay over the life of the loan, and that’s a very good thing,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
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