Team Favorite: Banks Vowed To Help Black Homebuyers. What Happened?
Big Take19 Kesä 2023

Team Favorite: Banks Vowed To Help Black Homebuyers. What Happened?

NOTE: This episode originally aired in December 2022.
---
In the aftermath of the 2008 financial crisis, some of the biggest mortgage lenders in the US promised to extend billions in new loans to Black homebuyers. That hasn’t happened. Instead, the numbers are going in the opposite direction.

Bloomberg senior economics writer Shawn Donnan joins this episode to talk about why banks have fallen short of the goal–and what it means for families across the country. Dedrick Asante-Muhammad of the National Community Reinvestment Coalition also joins to spell out what needs to be done to fix the problem.

Read more: Big US Banks Fall Short on Promises to Create Black Homeowners

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Michael Falero, Sound Design/Engineer: Gilda Garcia.

See omnystudio.com/listener for privacy information.

Jaksot(842)

Meet The Most Fascinating People In The World

Meet The Most Fascinating People In The World

Well, some of them anyway. Each year, Businessweek’s Bloomberg 50 list introduces you to people in business, entertainment, finance, politics, science and technology whose work helped define the year....

14 Joulu 202224min

Fentanyl Deaths Are Overwhelming Cities

Fentanyl Deaths Are Overwhelming Cities

While everyone was focused on Covid over the past few years, America’s decades-old opioid crisis entered a new deadly phase – largely because of one drug in particular: fentanyl. Potent, cheap and ubi...

13 Joulu 202229min

Teen TikTok is More Complicated Than You Think

Teen TikTok is More Complicated Than You Think

Bloomberg Investigative reporter Olivia Carville has spent months delving into TikTok, the hugely popular video social network. In November, she joined the podcast to talk about children who have died...

12 Joulu 202233min

Revolt of The Dairy Farmers

Revolt of The Dairy Farmers

Our insatiable appetite for meat, eggs and cheese means there are billions of chickens, pigs and cows the world over. One consequence: animal agriculture is a leading contributor to greenhouse gas emi...

9 Joulu 202230min

Ticketmaster v. Swifties

Ticketmaster v. Swifties

A group of Taylor Swift fans is suing Ticketmaster, the big live event ticket provider, after sales for her upcoming concert tour went haywire. It’s also drawn the attention of the US Justice Departme...

8 Joulu 202226min

The Richest Family In the World

The Richest Family In the World

The secretive Al Nahyan family of Abu Dhabi has amassed a fortune of $300 billion–and they’re investing it around the globe, in everything from green energy and healthcare to Manchester City Football ...

7 Joulu 202228min

Heavy Sedation Saved People From Covid–At a High Price

Heavy Sedation Saved People From Covid–At a High Price

In the early, scary days of the coronavirus pandemic, before vaccines, patients hospitalized with severe cases were often put on ventilators to keep them alive. That invasive treatment saved a lot of ...

6 Joulu 202225min

Why A Plus One Matters in the US Senate

Why A Plus One Matters in the US Senate

Democrats kept control of the US Senate in November’s midterm elections. So why is the political world so obsessed with who’ll win Tuesday’s Senate runoff election in Georgia between Democrat Raphael ...

5 Joulu 202228min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
politiikan-puskaradio
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
viisupodi
rss-podme-livebox
otetaan-yhdet
rss-asiastudio
et-sa-noin-voi-sanoo-esittaa
aihe
rss-sanna-ukkola-show-verkkouutiset
rikosmyytit
the-ulkopolitist
rss-pallo-keskelle-2
rss-mina-ukkola
rss-hyvaa-huomenta-bryssel
rss-terveisia-seelannista
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-vain-talouselamaa