Racial Wealth Divide

Wells Fargo Challenged on Racial Inequities

On April 29 in San Francisco, members of Responsible Wealth will present a shareholder resolution requesting that the company explain racial and ethnic disparities in its sub-prime loans. April 25, 2008

What's the ‘Color of Wealth'? (Op-ed)

Before there can be meaningful discussion, typical Americans will need to come face to face with some meaningful facts about U.S. economic history. Beneath the superficial race talk is the very real and complex issue of the color of wealth. By Sean Gonsalves in CommonDreams.Org. March 31, 2008

Progressive Taxation Needs Your Voice

With the president and some presidential candidates saying they want to make the Bush tax cuts permanent -- even as we face a recession -- progressive taxation desperately needs your voice. Please consider helping the fight to preserve the estate tax by joining us in Washington, DC, March 18-19, to lobby your Senators and Representatives in Congress. February 29, 2008

A Community Approach to Affordable Housing

In their article "A foreclosure-free option," Responsible Wealth member, David Abromowitz, and his colleague Roz Greenstein discuss the use of Community Land Trusts (CLTs) to provide a community-based alternative to subprime mortgages as a way for low-income folks to become and remain homeowners. (From UFE's Enews.) February 29, 2008

Bank of America Benefits from Lending Crisis, Taxpayers to Foot the Bill

While many homeowners stand to lose their homes due to predatory lending, Bank of America is setting itself up to shift millions of dollars of corporate taxes onto taxpayers. (From UFE's Enews.)
February 29, 2008

Subprime Lending Crisis Gets Racial Perspective

Our report, "Foreclosed: State of the Dream 2008," is getting a lot of attention. By pointing out the destructive nature of predatory loans for people and communities of color, we hoped we would make people see the issue in a new way. We are pleased that it seems to be working. For example, we've heard from federal policy makers as well as many social justice and social change organizations. (From UFE's Enews.) February 29, 2008

Doing More to Help Subprime Crisis (Op-ed)

The Bush administration is not doing nearly enough to help people who are facing foreclosure. February 22, 2008

King's Dream Deferred, One More Victim of the Subprime Mortgage Crisis

Michelle Singletary devotes her "Color of Money" column in The Washington Post to the findings in our "State of the Dream" report. February 10, 2008
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