WADE RATHKE is the founder of ACORN, Chief Organizer at ACORN International, and Author of "Nuts & Bolts", "Citizen Wealth", "Global Grassroots", and "The Battle for the 9th Ward".
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 …
New 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 up to us, not whispering, but holding her …
New 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 teams of black and white testers in order …
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 …
Little Rock Any time the head of the American Bankers Association says that it’s a good thing that any part of the government is looking at rewriting and revising the 1977 Community Reinvestment Act, known popularly as the CRA, it’s very bad news for lower-income and racially diverse communities. Sad, but true, that’s exactly the …