Redlining is Still a Big Issue, City National Bank in Los Angeles is an Example

ACORN Banks Wade's World

  Pearl River      The crime is redlining, the pernicious policy of banks discriminating against lower income and minority communities particularly in mortgage lending.  And, yes, despite passage of the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA) not only is redlining still happening, but the impacts of its history are still having …

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Another Katrina Coup d’ Gras for Lower-Income Homeowners

ACORN Hurricane Louisiana Recovery Pandemic

            New Orleans     Katrina is now more than seventeen years ago.  That’s a long time, New Orleans should be way over the storm by now.  Unfortunately, people are still trying to get home.  Others are still in the half-life of rebuilding from paycheck to paycheck.  The Lower 9th Ward, home of low-and-moderate, working Black …

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