May 5, 2021 New Orleans This could be very good news for prospective homeowners, but of course that depends on Congress not being rerouted on the way to much needed reforms in the critical Community Reinvestment Act. Federal Reserve Chairman Jerome Powell speaking appropriately to total CRA-believers assembled by the National Community Reinvestment Coalition, longtime …
Tag: community reinvestment act
Community Reinvestment Still Matters, Why Gut it More?
https://chieforganizer.org/wp-content/uploads/2019/11/CN112012019.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans Newsday, the big Long Island, New York newspaper, reported on a three-year investigation of real estate practices in this suburb that is well-known as one of the whitest suburbs in America. Using a classic tactic to determine such racial discrimination, they sent out 100 …
Self-Dealing Revenge from OCC & Treasury Targets the CRA
Greenville Sometimes you wonder why former Goldman Sachs and banking executives flock to political jobs like running the Treasury Department or the Office of the Comptroller of the Currency, but then you realize the facts. It’s about score-settling or figuring out how they and their buddies can make more money in banking now and in …