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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…
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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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ASPPA: Former DOL Officials Seek Longer Comment Period on Investment Proposal
[1] AFL-CIO Americans for Financial Reform Education Fund Better Markets The Committee for a Fiduciary Standard Consumer Federation of America Economic Policy Institute Financial Planning Association National Committee to Preserve Social Security and Medicare Pension Rights Center Public Investors Advocate Bar Association Signing as an individual: James An, Assistant Professor of Law, Suffolk Law School…
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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.
