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: CRA
Pulling CRA’s Teeth When It Needs to Bite Harder
https://chieforganizer.org/wp-content/uploads/2019/12/CN12242019.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans Dine’ Butler and I had just finished our presentation about the impact of predatory land installment contracts and hedge funds in the Memphis real estate market at the Hooks Institute event at the University of Memphis recently. As the crowd thinned out, a woman came …
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 …