How Credit Scores Impact Mortgages

THE WESTSIDE GAZETTE — The mortgage industry and the real estate industry go hand in hand. […read more]


Blacks Locked Out of Housing Market

By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – As the housing market recovers a new report by the Urban Institute shows that Black borrowers “have been disproportionately shut out of the market.” According to the report titled, “Where Have All the Loans Gone? The Read More

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Americans Get Their Financial Houses in Order for 2014 According to a New Wells Fargo Survey

Media: Kate Pulley Media: Natalie Brown 917-260-1673 775-689-6123  Americans Get Their Financial Houses in Order for 2014 According to a New Wells Fargo Survey Americans are focused on their credit score and debt; survey also reveals that generations approach borrowing differently SAN FRANCISCO (Dec. Read More


Study Prompt calls for Policy Reforms to Eliminate Racial Wealth Gaps

By Charlene Crowell NNPA Columnist   According to a new research report, America’s racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth. Less than Equal: Racial Disparities in Wealth Accumulation, from the Urban Institute’s Opportunity and Ownership Read More


Payday Lending Drains Nearly $1 Billion from Communities

By Charlene Crowell NNPA Columnist   One of the worst ironies of the nagging economic recession is that consumers with the fewest financial resources have lost the most. Now, a new report finds that payday loans not only strip much-needed income from low-income families, but Read More


Bank Continue to Peddle Payday Loans

By Charlene Crowell NNPA Columnist   In today’s challenging financial times, the cost of living finds many consumers with an ongoing financial challenge to hold on until their next payday arrives. Even worse, when banks peddle predatory payday loans, they pose serious threats to their Read More


Blackonomics: Borrowing? Read the Fine Print

By James Clingman NNPA Columnist Have you noticed the television commercials that offer loans of various kinds or another enticements such as auto leases and insurance policies for the elderly?  These commercials are laden with information that appears on the screen for a few seconds Read More


$8.5 Billion Agreement with Mortgage Servicers

By Charlene Crowell NNPA Columnist   The recent joint announcement by two key federal regulators believed a negotiated agreement with 10 mortgage servicing firms would help more than 3.8 million consumers who were wrongfully foreclosed during 2009 and 2010. Brokered by the Federal Reserve and Read More


Predatory Lending Practices Continue to Weaken Blacks and Hispanics

By Charlene Crowell NNPA Columnist In the first report of its kind, the Center for Responsible Lending has examined consumer lending markets across-the-board and found that despite recent regulatory reforms – predatory lending continues to undermine American households trying to rebuild their finances after the Read More