City National Bank Shows Why Some CRA Proposals are Wrong

Citizen Wealth Financial Justice

New Orleans      There’s a big split within the federal banking establishment about what to do about revisions to the 1977 Community Reinvestment Act.  This is not your run of the mill, chest thumping, and elbow pushing in Washington over turf and regulatory jurisdiction.  It’s actually very important, particularly to low-and-moderate income families and their …

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Sketchy Financing for Apartments and Private Markets Seems Like Deja Vu

Citizen Wealth DC Politics Financial Justice

Sonoma     Ten years on from the Great Recession of 2008, you wonder what we learned from that crisis, and who really learned it.  I mean really learned it! Here’s a couple of scary examples that I’ll share in the “misery loves company” vein: In the “who’s on first, what’s on second” vein, get this.  The …

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Attack on Community Reinvestment Latest Battle in Republicans War on the Poor

Citizen Wealth Financial Justice Foreclosure

Little Rock   A headline in the Wall Street Journal marked another salvo in the vicious war that the Republicans and the Trump administration has launched on low-and-moderate income and minority families across the country. This time it was not transferring tax subsidies to the rich or attempting to eviscerate their healthcare and kill them. This …

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