On Our Radar

Americans older than 60 are the fastest-growing group of college loan debtors — the vast majority of them borrowing for others — a consumer agency says.

More than 100 workers at a Tom Steyer-founded bank have won collective bargaining rights in an industry with the lowest unionization rates in the country.

In a June 2018 article, the Reputation Institute indicated that the most effective way of counteracting negative sentiments among bank customers is by demonstrating ethical behavior and good citizenship. In this regard, Otting isn’t doing his “customers” any favors.

“Years of underbuilding has created a large deficit, particularly for states with strong economies that have attracted a lot of people from other states,” Freddie Mac said. “Some of the smaller states, which have been attracting a lot of immigrants from other states, also need to build more housing units to accommodate the needs of their growing population.”

Millions of people around the country who are already homeowners could probably save money on their monthly payment by refinancing. But it can be a little tricky to figure out if that’s worth doing.

Since the Great Recession, the gap between the Black and White homeownership rates in the United States has increased to its highest level in 50 years, from 28.1 percentage points in 2010 to 30.1 percentage points in 2017.

Economic plans like Mike Bloomberg’s assume that boosting Black homeownership and entrepreneurs will close racial wealth gaps. New research suggests it won’t.

FHFA chief Mark Calabria’s decisions could rock a $5 trillion mortgage market and make a lot of money for hedge funds.

Like the family in the Oscar-winning film, many in Seoul’s so-called dirt-spoon class dwell in basements far below the rich. “Those living up there must look down on people like me like pigs.”

The future of Tampa Park Apartments has been the subject of speculation for at least two years.

“I don’t want us to go into the future continuing to be known as one of the most segregated cities in the country,” the mayor said.

On March 3, the Supreme Court will hear Seila Law v. CFPB, which asks whether the president is allowed to fire the head of the Consumer Financial Protection Bureau (CFPB) at will. That question may seem minor and esoteric, but the stakes underlying Seila Law are enormous.

The plan was drafted in cooperation with the National Community Reinvestment Coalition, an association of more than 600 community-based organizations that promotes access to essential banking services, affordable housing, entrepreneurship, job creation and vibrant communities.

The maps distinctly show neighborhoods where black populations have left and where white people have moved in.

A few banks are satisfied with the proposal, but “they’re in the very small minority,” said one industry official.