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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…
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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Banking Dive: CFPB slims small-business borrower data collection rule
The nonprofit Americans for Financial Reform blasted the CFPB’s update, saying Thursday’s rule “will let unfair and discriminatory lending practices persist,” including “well-documented lending biases against Black, Latine, Indigenous and women farmers.”
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Reuters: US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending
Americans for Financial Reform, a pro-consumer organization that pushes for stricter oversight of the financial sector, said the change further weakened a critical civil rights tool, which it said was “unnecessary and immoral.”
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Inside Philanthropy: Philanthropy’s Chosen Blind Spot: The Harms of Extreme Wealth
The billionaire-engineered One Big Beautiful Bill last year secured $2 trillion in tax giveaways for the wealthy by cutting healthcare coverage and food assistance from an estimated more than 15 million Americans. Research from Americans for Financial Reform and the Private Equity Stakeholder Project shows that billionaire-backed private equity has significantly contributed to the affordable…
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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.