News

2020

July

07

• Evictions are likely to skyrocket this summer. Black renters will be hard hit. A backlog of eviction cases is beginning to move through the court system as millions of Americans who had counted on federal aid and eviction moratoriums to stay in their homes now fear being thrown

06

• A hub for help during the Coronavirus crisis. The New York Times assembled a guide to connect you with information about government benefits, free services and financial strategies to get you through this crisis. (Heads up: Before or after you head over to

02

• Consumers in COVID payment modification plans find credit files tarnished. To help their customers stay financially afloat during the COVID-19 crisis, many lenders offered payment modification programs that allowed them to make reduced payments or skip payments altogether, without damaging their credit histories. But, in

• Latinos y afroamericanos son los que más pagan impuestos de propiedad en Estados Unidos. Las familias afroamericanas e hispanas pagan entre un 10 y un 13% más de impuesto a la propiedad todos los años que las familias blancas, según un estudio sobre desigualdades raciales

01

• Workers are getting laid off for a second time as reopenings are on hold. Millions of workers are suffering from economic whiplash, thinking they were finally returning to work—only to be sent home again as cases spike

June

30

• Why the CFPB’s loss at the Supreme Court is really a win. Our aggressive work to protect people from being cheated and mistreated understandably aroused opposition from some of these powerful companies. And so, ever since, the financial industry has been peppering the bureau with various challenges

29

• New data reveals hidden flood risk across America. Across much of the United States, the flood risk is far greater than government estimates show, new calculations suggest, exposing millions of people to a hidden threat—and one that will only grow as

25

• 4.3 million homeowners missed their mortgage payments last month. The number of people who failed to pay their mortgage last month rose to its highest level since 2011. In May, 4.3 million homeowners missed their mortgage payments, up from 2 million at the end of March, according

• 100-year-old World War II vet James Been fighting eviction. A World War II veteran who overcame harsh segregation and just celebrated his 100th birthday is fighting a new battle — against eviction from his Bedford-Stuyvesant home. Centenarian James Been says he fears he about

24

• The jobs we need. Over the past four decades, American workers have suffered a devastating loss of economic power, manifest in their wages, benefits and working conditions. The annual economic output of the United States has almost tripled, but,

• What is owed. Race-neutral policies simply will not address the depth of disadvantage faced by people this country once believed were chattel. Financial restitution cannot end racism, of course, but it can certainly mitigate racism’s most

23

• Bye $600 jobless benefit, eviction reprieve, COVID-19 relief ending. In the coming weeks, the jobless will likely no longer receive an extra $600 in their weekly unemployment checks. Many tenants who don’t pay their rent can be evicted. And many small businesses

• A moratorium on evictions ends leaving tenants fearful. A moratorium on evictions that New York State imposed during the coronavirus pandemic expired over the weekend, raising fears that tens of thousands of residents struggling in the worst economic collapse since the Great Depression

19

• A pesar de las protecciones, los propietarios buscan desalojar a los inquilinos en áreas negras y latinas de South L.A.. A pesar de las nuevas reglas contra el desalojo aprobadas en respuesta al nuevo brote de coronavirus, algunos propietarios de Los Ángeles todavía están tratando de expulsar a los inquilinos

18

• Home loan applications and lender profits surge. U.S. mortgage companies are having one of their best years in history. Lenders are getting bombarded with calls from homeowners looking for cheaper loans. They’re also hearing from potential buyers who are

17

• Consumer "protection" panel wants to deregulate Wall Street, lawsuit says. Under Trump, the Consumer Financial Protection Bureau has moved away from policing the financial industry.

• En ciudad de Alaska ya distribuyen cheques de estímulo de $1,000 mensuales hasta diciembre. Un pago recurrente hasta finales de año para las personas elegibles...

16

• Racial inequity harms American schoolchildren. The police killings of George Floyd in Minneapolis and Breonna Taylor in Louisville, Ky., have sparked a national conversation around racial justice. But the country's racial justice problems aren't limited to policing —

15

• Pandemic relief should aim to help black workers most of all. An act of police brutality triggered the protests sweeping our nation, but the despair and anger they express is also rooted in an all-too-accurate sense that African Americans have been denied a tangible, secure stake

• Coronavirus could widen black wealth gap. New research suggests the pandemic is widening racial disparities in home ownership.