News & Events
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New York Foundation: Homelessness, Community Land Trusts, and the Future of NYC Neighborhoods
New York Foundation — A conversation with Sam Miller of Picture the Homeless.
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New York Post: Mortgage Crisis Pickets Hit Midtown
New York Post — Manhattan’s residential real-estate scene is roaring back — but don’t look across the river. The shadow of the foreclosure crisis is fading fast in tony enclaves like the Upper East Side, where home prices spiked 36 percent in the first quarter.
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City Hall Hearing
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BK Live: Mortgage Inequities Segment
BK Live — Mark Winston Griffith (Brooklyn Movement Center Executive Director), David Reiss (Brooklyn Law School & refinblog.com), and Alexis Iwanisziw (New Economy Project) discuss mortgage inequities and how they affect Brooklyn (and beyond).
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American Banker: Courthouse ‘Rocket Dockets’ Give Debt Collectors Edge Over Debtors
American Banker — Early on a chilly Friday in January, Franklyn Williamson walked into courtroom 264B of the Prince George’s County, Md., district courthouse. An athletic 55-year-old realtor in Silver Spring, Williamson had canceled a Florida trip to appear in court that day.
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Groups in Four Key States Applaud End of Bank Payday Lending
Groups in four key banking states celebrated the end of bank payday lending, with the wave of announcements in recent weeks by Wells Fargo, US Bank, Fifth Third, and Regions Bank that they will each finally stop making predatory payday loans. Known as “direct deposit advance” loans, the banks’ payday loans carried triple-digit interest rates…
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Daily News: Banks Issue Fewest Conventional Mortgages in Minority Neighborhoods
Daily News — It took Dante Jones four years of living with his folks and working absurdly long hours to scrape together a $15,000 downpayment for a home in southeast Queens for himself, his fiancé and his six children. The city employee was pre-approved for a mortgage on a five-bedroom house in St. Albans last…
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Maps Reveal Stark Inequities in Mortgage Lending Based on Race in NYC
Mortgage lenders made markedly fewer conventional home mortgage loans in communities of color than in predominantly white neighborhoods in New York City, according to a series of GIS maps published today.
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Wall St. Journal: What J.P. Morgan’s $13 Bln Settlement Means for Neighborhoods, Struggling Homeowners
Wall Street Journal: Market Watch — The government wants J.P. Morgan Chase & Co., chastened by this week’s record-breaking settlement with the Justice Department, to focus on helping borrowers and neighborhoods that are struggling the most.