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Loans

Jermaine Edwards (Photo: change.org)

Mom seeks student loan forgiveness for dead son

Ugonna Okpalaoka
theGRIO REPORT - The mother of a Michigan college student has launched an online petition to have her deceased son's $10,000 student loan forgiven because she says she cannot pay it back...
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Chicago

Small businesses in Cook County will soon get more loans

theGrio
Small minority and women owned businesses will soon receive more loans in Cook County...
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Bank of America's subprime swindle backfires

Ivory J. Johnson
OPINION - Bank of America, who purchased Countrywide Financial Corporation in 2008, recently agreed to pay $355 million to settle charges that they discriminated against African-American and Hispanic borrowers...
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bank-of-america-foreclosure-stop.jpg

Bank of America pays $335 mil for racial bias

theGrio
NEW YORK (AP) - Bank of America has agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers...
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Unholy crisis: Black churches face foreclosure

Mashaun D. Simon
theGRIO REPORT - Gone are the days when a faith-based institution or church could simply walk into a bank and make a loan request or an adjustment on an existing loan...
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Ethics committee reviews loans to NY Rep. Meeks

theGrio
WASHINGTON (AP) - The House Ethics Committee has dismissed an allegation that Rep. Gregory Meeks received an improper home equity loan last year...
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'Moving on up' isn't what it used to be for blacks

Michael Arceneaux
OPINION - According to new analysis of census data, the most successful blacks and Latinos are more likely to have poor neighbors than their wealthier white counterparts...
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how-the-housing-crisis-is-about-to-get-worse.jpg

Why the black housing crisis will get worse

Lynnette Khalfani-Cox
OPINION - Unfortunately, for many blacks, the American dream of homeownership is quickly fading...
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Study shows dramatic decrease in mortgage loans to minorities

Lynnette Khalfani-Cox
theGRIO REPORT - Regardless of 'why' lending is down 62 percent collectively to blacks and Latinos, the fact is: this is an enormous problem...
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12/20/10 – theGrio & CNBC Market Update

theGrio
VIDEO - The Federal Reserve left its key interest rate-- which affects mortgage, credit card, and student loan rates unchanged -- in the zero to 0.25 percent range...
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