by Rochelle Wommack | Dec 2, 2021 | Uncategorized
A Fair and Realistic Solution to Homeownership Inequality by Jorge Newberry As I discussed in a recent Huffington Post article, one of the unintended consequences of the 2010 Dodd-Frank Act—which sought to address toxic mortgage lending practices that led to the Great...
by Eric Peck | Apr 22, 2021 | Uncategorized
According to a new Redfin analysis, the average home in a primarily Black neighborhood nationwide is worth $46,000 less than a comparable home in a primarily white neighborhood. Redfin analyzed the values of more than seven million listed and sold from 2013 through...
by AMDC | Nov 25, 2020 | Uncategorized
(Story by Chuck Green) COVID-19 is having an especially pronounced impact on the affordability of housing among low-income individuals—that includes a disproportionate number of older Americans and people of color—according to a survey from Harvard University’s...
by AMDC | Nov 25, 2020 | Uncategorized
(Story by Chuck Green) Over the last decade, U.S. suburbs have become more racially and ethnically diverse—not to mention more Democratic, according to Redfin.com. To get a better handle on this transition, the company studied data from the U.S. Census, along with...
by AMDC | Nov 11, 2020 | Uncategorized
A primary goal of 1977’s Community Reinvestment Act (CRA) was to reverse the effects of redlining, a practice by which the federal government and banks actively avoided lending to borrowers from lower-income and minority neighborhoods. Some housing advocates...
by AMDC | Oct 23, 2020 | Uncategorized
Representatives from organizations including FHFA, FHA, GSEs, and HUD all spoke during a virtual event this week by the Mortgage Bankers Association (MBA). See remarks from FHFA’s Mark Calabria, here. The facilitator of a virtual event Tuesday said, during a...
