The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Federal Housing Finance Agency
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Elizabeth Warren Lobbying Query Leads Brookings Institution Fellow To Quit
A prominent Brookings fellow resigned after the Massachusetts senator accused him of failing to fully disclose industry funding tied to a study that criticized the U.S. Labor Department's plan to regulate brokerages.
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Do Democrats Want To Fix Inequality – Or Just Complain About It?
Inequality is all anybody can talk about, except Democrats on the campaign trail who desperately need to turn out the very people so disproportionately affected by it: young and minority voters.
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$25 Million Bank of America Settlement Amounts to Wrist-Slap
Two settlements between Bank of America and state and federal regulators over actions during the financial crisis challenge conventional assumptions about Republicans, Democrats and Wall Street.
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Why Richmond’s Plan to Rescue Homeowners Could Reshape the Mortgage Lending Industry
Once this city uses eminent domain to seize and refinance underwater homes belonging to Wall Street banks, towns nationwide will hurry to replicate the success.
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Richmond Expands Battle for Eminent Domain To Save Homeowners From Foreclosure
The eminent domain plan—in which cities like Richmond will forcibly acquire mortgages at discounts, then help homeowners refinance into smaller and more affordable home loans—is gaining mainstream acceptance as a form of principal reduction.
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New Jersey Town To Rescue Foreclosed Homeowners Through Eminent Domain
On Saturday, Irvington Mayor Wayne Smith announced the township’s plan to “take” and revalue foreclosed homes at market rates for public benefit using the legal doctrine of “eminent domain” -- making it the second U.S. city to exercise the measure.
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JPMorgan Chase Fined Historic $13 Billion for Mortgage Fraud
The settlement between America's largest bank and the Department of Justice was greater than the anticipated $11 billion, and will not release the bank from facing further criminal liability charges for its role in helping bring down the US economy.
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Three Ways the Obama Administration Could Help the Housing Market RIGHT NOW
It is hardly a secret that the Obama administration’s programs to bolster the housing market and help struggling homeowners have failed to meet expectations.