Tag: predatory lending

People of Color Pay the Price While Bankers Make Big Bucks on Loans

Everyone knows that the huge forclosure problems in communities all across America are due to the unscrupulous policies of the major banks. While fat cats get rich our neighbors lose their homes, but did you know some of our neighbors bear the brunt of this criminal corporate banking activity more than others? While Rampant predatory…

Today in Occupy: December 5, 2011

Bank redlining demonstration, December 5, 2011

Seven demonstrators aligned with Occupy Portland protested bank redlining practices this morning at SE 39th and Hawthorne. The autonomous group called for attention to predatory lending practices that negatively affect minorities and contributed to the housing crisis. Contact: [email protected] Re-Occupation continues at Shemanski Park in Downtown Portland. After multiple late night visits, the Portland Police…