A recent conference hosted by the American Institute of Architects in Los Angeles shined a light on efforts to reduce homelessness in Los Angeles—and demonstrated just how much work must be done nationwide to solve this humanitarian crisis.
Contracts for deed are gaining popularity at investment firms that scooped up swaths of foreclosed properties during the Great Recession. The risk for buyers, however, smacks of the same misdeeds that created that historic crisis in the first place.
Redlining has been around for a long time, but across the country, local, state, and federal agencies are filing complaints against banks and other corporations for creative and subtle new forms of discrimination.
According to a new study by the National Bureau of Economic Research, historical biases lead to minority homebuyers paying an average of 3.5 percent more for their homes than whites, reports Matt Bevilacqua.