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A government report concludes that residents of low- and moderate-income Census tracts have as much access to bank branches as residents in middle- and upper-income tracts in rural areas and large metropolitan areas. Yet access to bank services for low- and moderate-income consumers is still being lost. Why is that?
Congress has an opportunity it must not squander to acknowledge the racial inequity built into our failing infrastructure and put into operation the promise of equity in Biden’s infrastructure plans.
Barney Frank, the Massachusetts Democrat and chairman of the house Financial Services Committee, sits down with Shelterforce to discuss consumer protection, the future of Fannie and Freddie, the role of FHA, and rental housing and offers a challenge to advocates looking to effect change on the federal level.
Laid off after 29 years of working for a local telephone company in North Carolina, "Roberta Green" was struggling. Although she had a part-time...
Over the past couple of years, community development corporations have been popping up in sometimes-unexpected places across the country. Will this increased interest in CDCs last, or is it a trend that will end when the money runs out?
The nonprofit community development industry has grown and matured over the last thirty years. During the 1970s this nascent movement was boosted by the...
When present and former public officials ranging from Treasury Secretary Henry Paulson to Lawrence H. Summers, the former Treasury secretary under President Clinton, started...
In 2010, the scattered enforcement of consumer protection and fair lending laws across several agencies would end. The CFPB would have broad oversight over banks and non-banks, and though not perfect, this model has produced some impressive results.