Post-Pandemic, Homeowners of Color Face Losing Homes
November 9, 2023
While CA homeowners of color already face many threats to their home, more will risk foreclosure than ever when pandemic-era mortgage relief will run out.
Breaking News
- LACMA Showcases ‘Imagining Black Diasporas: 21st-Century Art and Poetics’ Exhibit
- Sheenway School and Culture Center — Educating Youth to Lead the Future Over 50 Years
- Record-Breaking Hate Crimes Against Black Angelenos on the Rise
- Los Angeles Rams and LAPD Spread Holiday Cheer with Annual Sleigh Ride
- Heather Hutt Sworn-in as Councilwoman for L.A.’s 10th District
- Visit Baldwin Hills Crenshaw Plaza for Holiday Photos with Santa
- Homeless and Their Advocates Speak Out in New Film, ‘WE, the Vulnerable of LA’
- The Congressman Wore Sneakers: An Evening With Hakeem Jeffries
- Brotherhood Crusade Honors SEIU President April Verrett at 2024 Pioneer of African American Achievement Award Dinner
- No. 18 UCLA Men’s Basketball Defeats Prairie View A&M 111-75
- Athletes in $2.8 billion college lawsuit tell judge they want to create a players’ association
- Cal, UNLV Inspire La Tijera Students at Day of Play
- Student Athlete of the Week: Koa Seymour
mortgage
Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities
January 3, 2020
The Community Reinvestment Act was enacted in 1977 as a direct response to redlining, an unethical practice whereby banks and other lending institutions made it extremely difficult, if not impossible, for residents of poor, inner-city communities to borrow money, get a mortgage, take out insurance or access other financial services. Redlining did not take into consideration an individual’s qualifications or creditworthiness.
Community Reinvestment Act Changes Expected to Benefit Low- and Moderate-Income Communities Proposed Changes to the Community Reinvestment Act (CRA)
January 2, 2020
The OCC hopes stakeholders will carefully review the proposed changes and submit comments so that a final rule can be issued in the first half of 2020.
Civil Rights Groups Ask for Broad Access to Affordable Lending
June 15, 2017
As the Senate Banking Committee turns its attention to reform the nation’s secondary mortgage market, civil rights leaders recently spoke in a strong and united voice. For these national organizations, the housing finance system must embrace—not abandon—its obligation to provide broad access and affordability in mortgage lending.
Growing poverty, expanding wealth gaps hinder housing, says Harvard report
June 29, 2016
As consumers either grow into wealth or fall into poverty, America’s middle class, once the envy of the world, is steadily shrinking.