predatory lending

Racially Discriminatory Lending Leads to Black Community Wealth Decline

Racially Discriminatory Lending Leads to Black Community Wealth Decline

February 22, 2019

Baltimore study shows predatory lending by major banks  across nation led to massive home foreclosures and wealth theft in Black communities

Trump CFPB Plans Obscene Change to Payday Lender Rule

January 15, 2019

William K. Black, January 14, 2019     Bloomington, Mn Kate Berry, the American Banker reporter that covers consumer financial protection, has written another important article about the continuing horror story of Trump’s increasingly successful efforts to pervert the Consumer Financial Protection Bureau (CFPB) into an agency dedicated to harming consumers and protecting our Nation’s most predatory…

Black communities denied $156 billion in property value says new Brookings report

Black communities denied $156 billion in property value says new Brookings report

December 5, 2018

“The pipes in Flint, Michigan could have been replaced 3,000 times with that money” says lead study author Dr. Andre Perry

Democrats Push to Help Predatory Payday Lenders

November 16, 2017

A bipartisan bill being pushed by Democrats in the House and Senate would help payday lenders circumvent state regulations on interest rates.

The Black Financial and Fraud Report

July 14, 2017
Former financial regulator Bill Black offers bankers a challenge: Step forward if you support the new rule issued by The Consumer Financial Protection Bureau allowing consumers to bring about class-action litigation against banks who defraud them