Organizing Access to Capital: Advocacy and the - download pdf or read online

By Gregory D. Squires

ISBN-10: 1592130267

ISBN-13: 9781592130269

ISBN-10: 1592138543

ISBN-13: 9781592138548

Neighborhood activists have been overjoyed with the passage of the neighborhood Reinvestment Act, yet they got here to gain that it'll take greater than the observe of legislation to lead to actual swap. This booklet supplies voice to the activists who took it upon themselves to agitate for elevated funding via monetary associations of their neighborhood groups. They inform in their struggles to get banks, personal loan businesses and others to reconsider their lending rules. Their tales, drawn from stories in Chicago, big apple, Milwaukee, Boston, Pittsburgh, and different towns round the nation, provide perception into the way in which our political/economic process particularly works.Gregory D. Squires is Professor of Sociology at George Washington collage. He has served as a specialist and specialist witness for reasonable housing teams and civil rights businesses round the nation together with HUD, the nationwide reasonable Housing Alliance, the nationwide group Reinvestment Coalition, etc. He additionally served a three-year time period as a member of the patron Advisory Council of the Federal Reserve Board. he's the co-editor of "Color and funds: Politics and clients for group Reinvestment in city America".

Show description

Read or Download Organizing Access to Capital: Advocacy and the Democratization of Financial Institutions PDF

Best banks & banking books

The World of Private Banking (Studies in Banking and by Youssef Cassis PDF

This can be a complete and authoritative account of the heritage of personal banking, starting with its improvement together with the realm markets served by means of and targeted on a couple of ecu towns, particularly Amsterdam and London. those banks have been often partnerships, a sort of association which continued because the function of personal banking replaced in keeping with the political and fiscal changes of the overdue 18th and early nineteenth centuries.

Download e-book for iPad: Banking on Basel: The Future of International Financial by Daniel Tarullo

The turmoil in monetary markets that resulted from the 2007 subprime loan predicament within the usa exhibits the necessity to dramatically rework rules and supervision of monetary associations. might those associations were sounder if the 2004 Revised Framework on foreign Convergence of Capital size and Capital criteria (Basel II accord) negotiated among 1999 and 2004 had already been absolutely applied?

Read e-book online America's money machine: The story of the Federal Reserve PDF

Elgin Groseclose, an eminent financial economist within the twentieth century, rips the roof off the Federal Reserve during this magnificent background, aptly titled America's cash desktop. Taking us from the Fed's founding to the Nineteen Sixties, Groseclose indicates that the space among the promise and the truth is shockingly sizeable, lots in order that the Federal Reserve needs to be one in every of the best disasters within the historical past of public coverage.

Additional resources for Organizing Access to Capital: Advocacy and the Democratization of Financial Institutions

Example text

Dallas Morning News (Nov. 5). Dreier, Peter, John Mollenkopf, and Todd Swanstrom. 2001. Place Matters: Metropolitics for the Twenty-first Century. Lawrence: University Press of Kansas. Everett, David, John Gallagher, and Teresa Blossom. 1988. The Race for Money. Detroit Free Press (July 24-27). Fair, Isaac and Co. 1997. Credit Bureau Scores in Mortgage Lending: Strategies for Improving Operations. : Fair, Isaac and Co. Fannie Mae. d. What Are Credit Scoring and Automated Underwriting? : Fannie Mae.

American Banker (Oct. 18). Meyer, Laurence H. 1998. Remarks by Laurence H. Meyer before the 1998 Community Reinvestment Act Conference of the Consumer Bankers Association, Arlington, Virginia (May 12). , Geoffrey M. B. Tootell, Lynn E. Brown, and James McEneany. 1996. Mortgage Lending in Boston: Interpreting HMDA Data. American Economic Review 86 (I): 25-53. NAACP v. American Family Mutual Insurance Company (1992). Statement taken from case files, Milwaukee, Wisconsin. National Advisory Commission on Civil Disorders.

Other problems, some longstanding and others relatively new, threaten fair lending and community reinvestment initiatives. Racial steering and other discriminatory practices remain facts of life, as black and Hispanic home seekers encounter discrimination in approximately 20 percent of their encounters with real estate agents (Turner et al. 2002b). Property insurance discrimination has been documented in cities across the nation, with four of the nation's six: largest insurance companies (Allstate, State Farm, Nationwide, and Farmers), among others, settling fair housing complaints since 1995, following the pathbreaking settlement with American Family Mutual Insurance Company in Milwaukee that year (Squires 1997; Toledo Fair Housing Center 2001).

Download PDF sample

Organizing Access to Capital: Advocacy and the Democratization of Financial Institutions by Gregory D. Squires

by Paul

Rated 4.25 of 5 – based on 27 votes