After two weeks of intense negotiations by a joint Capitol Hill conference committee, Washington lawmakers finally reached agreement on the single largest financial reform package since the 1930s New Deal. And it could mean a lot for communities of color.
VIDEO :: Congresswoman Maxine Waters (D-California) spoke from the House floor in support of HR 4173 - the Dodd-Frank Wall Street Reform and Consumer Protection Act. Key provisions written by the Congresswoman to assist homeowners, protect consumers, empower shareholders and increase opportunities for minorities and women were included in the final bill that passed the House today. more>
Research has found that Latinos and African-Americans are much more likely to fall victim to predatory lending practices.
VIDEO :: Research from University of Minnesota Law School professor Myron Orfield shows that minorities face greater challenges from the mortgage scandals that have been so prevalent in the last six years. more>