Results related to “Subprime Lending”
by Nia King on March 5 2013, 8:33AM
Last week, Bloomberg Businessweek ran a magazine cover featuring caricatures of Black and Latino people swimming in money, feeding it to their dogs, and burning it for warmth. Colorlines’ readers react.
by Imara Jones on October 15 2012, 1:41PM
by Kai Wright on July 19 2012, 1:28PM
An AARP poll shows 16 percent of borrowers over 50 are underwater, and that black and Latino homeowners are the hardest hit.
by Asraa Mustufa on May 10 2011, 12:03PM
Filings in at least three of the state’s cities were nearly three times more concentrated in communities of color than in majority white ones.
by Kai Wright on April 11 2011, 9:44AM
A growing number of states are trying to regulate high-cost, small-dollar loans. But the industry, with Wall Street’s backing, is moving fast to evade new rules.
by Jamilah King on July 8 2010, 5:35PM
Late last night Wells Fargo announced its plans to cut 3,800 jobs, close 638 of its Wells Fargo financial stores nationwide and officially stop handing out subprime loan packages. The move is a long time coming for a bank that’s…
by Kai Wright on May 21 2010, 10:57AM
The Senate passed its financial reform bill yesterday with Sen. Chris Dodd’s consumer protection bureau intact. The contours of the debate over policing the products financial players push on communities didn’t change over the course of the drawn out fight….