Economic Equity

Economic Equity works to overcome the lingering effects of redlining, help communities of color build wealth, and ensure that our financial system works for all.

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Guidance for Fed: What Would Alan Do?

Former Federal Reserve Board Chairman Alan Greenspan helped dampen a potentially massive financial confidence crisis in 1998. His most daring act is one the Fed should emulate during this foreclosure crisis. Mr. Greenspan, with the assistance of the Federal Reserve…
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Groups Protest Countrywide Actions

Those at the San Diego event urge more help for mortgage borrowers at risk of foreclosure. From the Associated Press SAN DIEGO — Consumer advocates, minority groups and homeowners — some chanting “Save our homes, fix our loans!” — staged…
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Fed Shrugged as Subprime Crisis Spread

nytimes.com By EDMUND L. ANDREWS WASHINGTON — Until the boom in subprime mortgages turned into a national nightmare this summer, the few people who tried to warn federal banking officials might as well have been talking to themselves. Peter DaSilva…
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Poizner Scraps Uninsured Motorist Measure

Insurance Commissioner Steve Poizner has dropped plans to pursue a ballot measure that would have allowed police to seize the license plates from – and eventually impound – cars driven by those without auto insurance. Poizner, a Republican considered a…
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Greenlining Urges Scrutiny of USAA Role in Home Foreclosure Crisis

Source: The Greenlining Institute | Written by: Insurance Newscast The Greenlining Institute, a multi-ethnic consumer protection organization, filed a petition today with the Commissioner of the California Department of Insurance demanding review of United Services Automobile Association’s (USAA) application for…
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