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Press Release: “Dreams Denied” in North Carolina: New Study Finds Troubling Pattern of Racial Disparities in Wells Fargo’s Mortgage Lending
Wells Fargo’s mortgage lending patterns demonstrate significant racial disparities in Charlotte and across North Carolina, according to a new report released by Americans for Financial Reform Education Fund, North Carolina United Power for Action/NC Industrial Areas Foundation, Organized Power in…
The Latest from AFR
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Dreams Denied: Wells Fargo’s Troubling Pattern of Racial Disparities in North Carolina
Study finds that Wells Fargo’s pattern of racial disparities in applications and loans suggests it underserved North Carolina communities of color and focused on upper-income white communities.
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AFR in the News
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SHELTERFORCE: States Can Put the Brakes on Landlord Collusion and Junk Fees
The growing dominance of corporations within the housing sector has contributed to the continued rise of unaffordable rents, junk fees, and other tenant abuses. These excesses have sparked a resurgence of antitrust and consumer protection enforcement actions against extractive Wall Street landlords and the tech platforms that enable them, including the 2024 lawsuit against RealPage.…
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American Banker: Banks assail nonbank oversight in CFPB deregulatory push
Tom Feltner, associate director of consumer policy at Americans for Financial Reform and a former policy fellow in consumer engagement at the CFPB, said the five-year plan is more akin to “a statement of values,” from the Trump administration. He called the plan “performative,” and suggested that the real strategic plan for the CFPB came…
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Private Credit Questions Pension Trustees Should Be Asking Now
This is a resource for institutional investors, including pension trustees, seeking to better understand what recent turmoil in private credit could mean for their portfolios.
