On Our Radar

FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers. The sanctions represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of the violations. In determining the appropriate sanctions, FINRA considered the widespread and significant harm suffered by customers, including millions of customers who received false or misleading information from the firm, millions of customers affected by the firm’s systems outages in March 2020, and thousands of customers the firm approved to trade options even when it was not appropriate for the customers to do so.

The pandemic changed life for everyone, and for some people, that included shacking up with a few familiar faces. Living with multiple generations under one roof is becoming increasingly popular, and it’s influencing what buyers look for in a house. So why is multigenerational living on the rise?

The Biden administration has said it does not plan to extend the moratorium any further.

It was unclear whether the Biden administration would remove Laura Wertheimer following other leadership changes at the Federal Housing Finance Agency.

It was unclear whether the Biden administration would remove Laura Wertheimer after separate leadership changes last week at the Federal Housing Finance Agency

Many Native people were forced into the most undesirable areas of America, first by white settlers, then by the government. Now, parts of that marginal land are becoming uninhabitable.

Blueacorn and Womply processed one-third of all Paycheck Protection Program loans this year, stepping in when big lenders wouldn’t.

To justify its big investment in the L.I.R.R., New York needs to force Long Island communities to make room for more housing.

There’s something to be said for talking, and listening, to even unreasonable antagonists

Washington, D.C.’s children should learn about Black history in the District.

No part of President Biden’s agenda has been as ambitious as his attempt to place concerns about equity squarely at the center of the federal government’s decision-making

Black and Hispanic families in the United States are far less likely than white families to own their own homes. It’s been that way for decades, but the gap is wider today than it was before passage of the 1968 Fair Housing Act.

Fintech and P2P lending have been around for almost a decade now, but in the context of Covid-19 and mass unemployment in the USA, their impact is being felt more than ever. This is because many of the startups in the Fintech sector are focused on closing the opportunity gap by providing alternative sources of finance to people who find it difficult to borrow through traditional channels.

Temporary moratoriums have protected up to 40 million coronavirus-battered U.S. residents against a catastrophic spread of potential evictions. But without immediate, dramatic action, the protections offered by a national moratorium will soon end, exposing millions of U.S. residents to the national housing epidemic that pre-dated the COVID-19 pandemic — and that has only grown in size and scope. To stop that from happening, we need to act now. (The moratorium is currently set to expire at the end of June, although the federal officials are now reportedly looking to extend it.)

The federal moratorium on evictions due to non-payment was extended by one month, the Centers for Disease Control and Prevention announced on Thursday.