‘What I saw is someone who is not for sale,’ Katie Porter told the Prospect.
mortgages
Posted inLaw and Justice
Judges Block Huge Loophole in Lending Discrimination
The Seventh Circuit reversed a lower-court ruling that effectively would have made it legal to put up ‘Whites Only’ signs in businesses or on websites.
Posted inEconomic Policy
Federal Reserve Chair Acknowledges Slowing Labor Market
The Fed can do something about that, in line with their mandate of maximizing employment, by cutting interest rates.
Posted inHousing
How an ‘Algorithm’ Turned Apartment Pools Green
RealPage, the rent-fixing software company currently under FBI investigation, also has apps for bogus fees, monetizing vacant apartments and inflating toxic property bubbles.
Posted inHousing
Hell Is an Underwater Landlord
Millions of tenants are trapped in a rotten cycle of overflowing trash, daily water outages, and a healthy rat population.
Posted inEconomic Policy
Investing in Distress
Tax lien investing allows hedge funds and private equity firms to exploit mostly poor, elderly Black and Latino homeowners, leveraging the machinery of local tax enforcement.
Posted inEconomic Policy
The Bankers’ Front Groups Fighting Tougher Capital Rules
It’s understandable that Wall Street wants weak rules. Why are so many community groups serving as the banks’ echo chamber?
Posted inMoney, Politics, and Power
The Curious Partner in Big Banks’ Drive to Weaken Capital Rules
Why are civil rights groups and Black mayors concerned with the profits of giant financial institutions?
Posted inLaw and Justice
Supreme Court Seems Hesitant to Toss Out the CFPB
Oral arguments today saw the justices skeptical that the Constitution doesn’t allow Congress to fund the CFPB in a particular fashion.
Posted inTAP
Does Jay Powell Want to Elect Trump?
Today on TAP: Most of the sources of inflation are either the result of the Fed’s own policy, or have nothing to do with domestic demand, such as the rising price of oil.
