December 10, 2018
Cutting Back on Community Reinvestment
Bloomberg Law quoted me in Banks Look to Narrow Exams Under Community Reinvestment Act. It opens, Banks see an opening to limit the types of violations that could lead to a Community Reinvestment Act downgrade as federal regulators begin rewriting rules … Continue reading
December 10, 2018 in fair housing | Permalink | No Comments
October 29, 2018
Lingering Effects of Racially Restrictive Covenants
The York Daily Record quoted me in York County Neighborhoods That Once Barred ‘Any Negro or Mongolian’ Still Do Harm. It opens, When the Rev. David and Eulamae Orr moved into the Fayfield neighborhood in Springettsbury Township in 1963, they were the first … Continue reading
October 29, 2018 in fair housing | Permalink | No Comments
May 7, 2018
Housing in the Trump Era
The Real Estate Transactions Section of the American Association of Law Schools has issued the following Call for Papers: Access + Opportunity + Choice: Housing Capital, Equity, and Market Regulation in the Trump Era Program Description: The year 2018 marks the … Continue reading
May 7, 2018 in fair housing | Permalink | No Comments
April 5, 2018
Fight Over The Community Reinvestment Act
Bloomberg BNA quoted me in Community Investment Revamp for Banks Likely To Spark Fight (behind a paywall). It opens, Community groups and banks agree that the Community Reinvestment Act needs an update, but with regulators beginning an ambitious overhaul of the … Continue reading
April 5, 2018 in fair housing | Permalink | No Comments
April 4, 2018
“Modernizing” the Community Reinvestment Act
The Trump Administration has been signaling its intent to do a makeover of the Community Reinvestment Act of 1977 (CRA) for quite a while, describing it as a much needed update. Last June, Treasury stated in its Banks and Credit … Continue reading
April 4, 2018 in fair housing | Permalink | 1 Comment
March 5, 2018
The Homeownership Rate and The Kerner Commission
The Economic Policy Institute released a report, 50 Years After The Kerner Commission. It finds that “African Americans are better off in many ways but are still disadvantaged by racial inequality.” (1) The report opens, The year 1968 was a … Continue reading
March 5, 2018 in fair housing | Permalink | No Comments
October 20, 2017
The Long-Term Effects of Redlining
Daniel Aaronson et al. have posted The Effects of the 1930s HOLC “Redlining” Maps to SSRN. The paper provides empirical support for the argument that discriminatory government policies have consequences that can last for decades, including increased segregation. The abstract … Continue reading
October 20, 2017 in fair housing | Permalink | No Comments