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HMDA at 35

The improved Home Mortgage Disclosure Act can be a tool for fighting predatory lending, but it could and should go further.

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Challenging Ourselves

Let’s start by saying what isn’t said often enough. Affordable housing and community development practitioners and advocates have done extraordinary work for many decades. CBOs and their allies have fought […]

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Disclosure Remains Our Right

I was interviewed last month for a book on redlining that took me back to the ‘70s. Going through my file of the national newsletter DISCLOSURE, which I edited for Gale […]

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Shelter Shorts

Home Loans for the Undocumented The Illinois Housing Development Authority will soon offer home mortgages to people who do not have social security numbers or a credit score. In the […]

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The Healthy Nonprofit Ecosystem

In the halcyon days of my youth, way back in 2006, I went to New Orleans. I traveled there at the behest of the corporation that I worked for at […]

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Will the Joe Biden Administration Bring Rent Relief?

President-Elect Joe Biden has a substantial housing plan, which clearly draws heavily from the affordable housing and community development fields. The plan is thoughtful and ambitious, calling for not only […]

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Capital Markets and Neighborhood Stabilization

It’s not often that a nonprofit housing developer sits down with a hedge fund manager, or someone from an investment bank who is outside of the philanthropic or CRA departments.

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A New Kind of Redlining: Punishing Success

During the worst years of the Great American Mortgage Meltdown, shared equity homes represented an island of stability in a turbulent sea of market failure. Whether community land trusts (CLTs); limited […]

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Rep. Frank Promises an “Improved” Subprime Bill

WASHINGTON, DC—House Financial Services Chairman Barney Frank (D-Mass.) today announced a bill, slated for an April vote, that aims to impose tougher penalties on securitizers who have sold bad loans, […]

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ESOP Rises Again

The success of a Cleveland-based community organizing group in the face of massive foreclosures suggests that the city (and the nation) should have held on to a more diverse set of community organizations.