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Equal Credit Elusive for Minorities

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charlene-crowellRecord number of cases filed under Equal Credit Opportunity Act

 

 

By Charlene Crowell
NNPA Columnist
Federal regulators and lenders convened November 6-9 in Baltimore to review and analyze whether the goals of the nation’s Community Reinvestment Act (CRA) and fair lending laws are being observed. The annual event, now in its 15th year, attracted sell-out attendance to hear a series of expert presenters’ insights and analyses.
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Written by: Precinct Reporter Group
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A Black Man, Father of The Cell Phone?

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By William Reed

To this point, the economic growth leader of the 21st century is the wireless communications industry.  Millions of people regularly use cellular phones. With today’s cell phone, you can talk to anyone on the planet. Cell phones include: a compact speaker, microphone, keyboard, display screen, and a powerful circuit

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Written by: Precinct Reporter Group
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Many Elders in Financial Crisis

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New America Media, News Report, Paul Kleyman

SAN FRANCISCO—In a dismal week when the most positive economic news for the United States was Friday’s federal data showing anemic employment gains, the plight of ethnic elders looks “even worse than we thought it would be,” according to Henoch Derbew, coauthor of a new report, “The Economic Crisis Facing Seniors of Color.

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Written by: Precinct Reporter Group
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Toyota: Top Choice Among African Americans

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ReedBill-EditBy William Reed

The “Black Market” will play a major role among automobile makers for the next two decades.   The African-American market is “the best thing going” and if automobile manufacturers don’t establish creditable linkages for their brands with this audience they will, undoubtedly, lose significant market share and

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Written by: Precinct Reporter Group
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Need to Expand Financial Opportunities in Communities of Color

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By Camille M. Busette

The Pew Charitable Trust released a new report confirming that blacks and Latinos fared worse in the Great Recession than whites from the perspective of median wealth, or household net worth at the median. Few who have been following shifts in wealth in the United States over the last 20 years will be

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Written by: Precinct Reporter Group
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Precinct Reporter News

Lest We Forget: Frances Grice Champions Local Civil Rights Effort

By  Dianne Anderson Long before the notion of Green jobs, sustainable communities and clean energy, there was Frances Grice and the push for equal edu...
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Harriet Tubman: Moses of Her People

Harriet Tubman was born into harsh slavery as Araminta Ross in Dorchester County, Maryland. Tubman married a free African American at 25. Several years l...
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Victor Valley Mourns Death of Tuskegee Airman

By Eliz Dowdy Prior to the opening of the film “Red Tails”, the nation was abuzz with the antics of those Black pilots who made history, shattere...
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McDonald’s to Present 21st Young Black Scholars Family Conference

Free One-Day Conference Aims to Jumpstart the College Admissions Process for 8-12 Grade Students and their Parents McDonald’s will present the 21st A...
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