Most Americans cannot afford to live in progressive coastal epicenters.
The lawyer, a Republican and Trump supporter, asks Mnuchin to recognize the damage done by big banks.
The Consumer Financial Protection Bureau is following up on reports that the scandal-ridden bank improperly charged customers from Los Angeles to Oregon.
"What a terrible thing to do to homeowners," said Senate Minority Leader Charles Schumer.
Endorsing the Republican agenda of financial industry deregulation, reversing New Deal safeguards, President Clinton caused more damage to the American economy in the long run than any president since Herbert Hoover.That has always been the man’s special gift—to rise above, and indeed benefit from, the messes he created.
Racial wealth inequality has widened due to targeting of black Americans by pre-2008 subprime mortgage lending, a report by the American Civil Liberties Union finds.
Despite efforts to blame the housing crisis on lower-income buyers, the truth is that the rich had a greater impact on the economy by defaulting on significantly larger mortgages.
The Justice Department might have talked a good game about punishing major banks like JPMorgan Chase, Bank of America and Goldman Sachs for their...