Examining the Continuing Crisis in Residential Foreclosures and the Emerging Commercial Real Estate Crisis

Examining the Continuing Crisis in Residential Foreclosures and the Emerging Commercial Real Estate Crisis PDF Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

Get Book Here

Book Description

Examining the Continuing Crisis in Residential Foreclosures and the Emerging Commercial Real Estate Crisis

Examining the Continuing Crisis in Residential Foreclosures and the Emerging Commercial Real Estate Crisis PDF Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

Get Book Here

Book Description


Activities of the Committee on Oversight and Government Reform

Activities of the Committee on Oversight and Government Reform PDF Author: United States. Congress. House. Committee on Oversight and Government Reform
Publisher:
ISBN:
Category : Legislative oversight
Languages : en
Pages : 216

Get Book Here

Book Description


Legislative Calendar

Legislative Calendar PDF Author: United States. Congress. House. Committee on Government Operations
Publisher:
ISBN:
Category : Calendars
Languages : en
Pages : 868

Get Book Here

Book Description


Race for Profit

Race for Profit PDF Author: Keeanga-Yamahtta Taylor
Publisher: UNC Press Books
ISBN: 1469653672
Category : History
Languages : en
Pages : 364

Get Book Here

Book Description
LONGLISTED FOR THE 2019 NATIONAL BOOK AWARD FINALIST, 2020 PULITZER PRIZE IN HISTORY By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining’s end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers – as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors, and real estate agents took advantage of the perverse incentives, targeting the Black women most likely to fail to keep up their home payments and slip into foreclosure, multiplying their profits. As a result, by the end of the 1970s, the nation’s first programs to encourage Black homeownership ended with tens of thousands of foreclosures in Black communities across the country. The push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction.

Legislative Calendar

Legislative Calendar PDF Author: United States. Congress. House. Committee on Oversight and Government Reform
Publisher:
ISBN:
Category :
Languages : en
Pages : 876

Get Book Here

Book Description


The Financial Crisis Inquiry Report, Authorized Edition

The Financial Crisis Inquiry Report, Authorized Edition PDF Author: United States. Financial Crisis Inquiry Commission
Publisher: Public Affairs
ISBN: 1610390415
Category : Business & Economics
Languages : en
Pages : 578

Get Book Here

Book Description
Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.

History of the Eighties

History of the Eighties PDF Author:
Publisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 594

Get Book Here

Book Description


Full Committee Hearing on the State of the Nation's Housing Sector

Full Committee Hearing on the State of the Nation's Housing Sector PDF Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

Get Book Here

Book Description


History of the Eighties--lessons for the Future

History of the Eighties--lessons for the Future PDF Author:
Publisher:
ISBN:
Category : Bank examination
Languages : en
Pages : 736

Get Book Here

Book Description


Journal and History of Legislation

Journal and History of Legislation PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 532

Get Book Here

Book Description