by Paul Kiel, ProPublica, and Mitchell Hartman, Marketplace, May 15, 2013, 5:50 a.m.This story was co-produced with Marketplace. Listen to their cover...
Since 2007, Wall Street has evicted four million families -- approximately ten million people -- from their homes. Millions more are ensnared in ongoing foreclosures.
The Great Recession decimated the wealth of many Americans, but the downturn hit black and Hispanic families especially hard, a new study finds, widen...
In my experience, there are some financial practices that reasonable people agree are just plain wrong.
WASHINGTON -- Freshman Sen. Angus King (I-Maine) joined Sen. Elizabeth Warren (D-Mass.) this week in the fight to rein in the financial establishment....
ATLANTA -- Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC cost them hundreds of millions of dollars in extra expense...
This week, the organization I work for -- the Center for Responsible Lending (CRL) -- will release the first in a series of reports on the prevalence ...
If your home faced foreclosure between Jan. 1, 2009, and Dec. 31, 2010, then you may be able to suspend foreclosure on your home, correct a bad credit report, modify your loan or receive compensation.
NEW YORK, Oct 15 (Reuters) - The American Civil Liberties Union is filing what it says is the first lawsuit against an investment bank, Morgan Stanley...
If you are a homeowner facing foreclosure or who has been foreclosed upon, it may look like nothing has been done to help you.The good news is that many steps have been taken to bring help to people who need it. The bad news? They don't matter unless we take advantage of them!
For-profit colleges' alleged support of increased accountability across all colleges and universities is yet another position that reeks of PR posturing by emphasizing some details at the expense of far more pertinent ones.
I have a pretty good idea what legislation in the last decade could have "corrected" the housing crisis, and what legislation made it worse. Ryan voted wrong every time.
Without a doubt, more needs to be done to protect all borrowers from predatory lending and steering. Financial companies on Wall Street must be held accountable with tougher rules and enforcement to prevent the practices that caused the financial crisis.
Six years after the onset of the housing bust, big banks are still facing allegations that race influenced their lending practices. Beth Jacobson, ...
* City of Memphis had accused Wells of discriminatory lending * Bank has denied allegations, citing commitment to responsible lending...
Many employers in New York City and across the country routinely use credit reports to discriminate against job applicants with poor credit histories. This puts people in a cruel Catch-22.
Outrageous credit card fees are not only bad for consumers; they're actually bad for business. That's the somewhat surprising conclusion of a new r...
Sometimes, more than incense and candles are burned at Church. Last Sunday, members of the First Baptist Church of Lincoln Gardens in New Jersey ga...
Rent-to-own furniture stores, once branded as "predatory lenders" by the Department of Defense, are now pledging to hire veterans returning from duty....
In a unanimous 11-0 vote on Tuesday afternoon, the San Francisco Board of Supervisors passed an official resolution calling for a moratorium on all fo...
America's homeless crisis is also a crisis of color. Black families were seven times more likely than white families to stay in homeless shelters i...
It's not just banks and lenders that can be accused of mortgage fraud. The former president of the Hells Angels Sonoma Chapter, Raymond "Ray Ray" ...
Kudos to President Obama for standing up for consumers this week by making a recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau.
HELENA, Mont. -- An Indian reservation in the heart of Montana's farm country may seem an unlikely place to borrow a quick $600, but the Chippewa Cree...
Throughout U.S. history, communities of poor people have left poverty. But none of these successes look like the public and philanthropic approaches we have relied on, nor the gravity-defying "up by your boot-straps" proposition.
