Center Making News

Center scholars and research are frequently cited in media reports and by public policymakers discussing trends and issues related to financial capital and its community impact.

 

Oct 16, 2009

Alain Sherter, in his blog post, "States Need Bigger Role in Halting Predatory Lending," on b-Net, reports that 'Big banks lobbied hard for federal preemption because state laws are typically more stringent.  By contrast, many legal experts said at the time that the new rules improperly overturned years of legal precedent.. Consumer advocates also predicted that the regulatory shift would lead to lending abuses.

 

Oct 8, 2009

DSNEWS.com's article, "Anti-Predatory Lending Laws Linked to Fewer Foreclosures, Researchers Say," reports that 'Stringent rules against predatory lending may be an effective tool in combating residential foreclosures, according to a new study by researchers at the University of North Carolina at Chapel Hill'

 

Oct 7, 2009

University of Connecticut Law School professor, Patricia McCoy, cites center study on anti-predatory lending impact on foreclosures during testimony before Senate Banking Committee.

 

Oct 7, 2009

The Osterly Times, in "Study: Bush Administration Blocked efforts to Prevent Housing Crisis," writes 'Federal regulators in the Bush administration blocked attempts by state governments to prevent predatory lending practices that resulted in the financial crisis now stalking the American Economy, a new study from the University of North Carolina says.'

 

Oct 7, 2009

Crooks and Liars, in "Study: Bush Administration Blocked efforts to Prevent Mortgage Crisis," says it's  ....'very enlightening news that the Bush administration blocked efforts to enforce laws against predatory lending."

 

Oct 7, 2009

Air America Media, in "New Study: Bush Blocked efforts to Stop Predatory Lending," says that the UNC study ...'reveals some disturbing information about the Bush administration's handling of predatory mortgage lending practices which played an enormous role in the financial crisis.

 

Oct 7, 2009

The Examiner in, "UNC Study: Bush Administration blocked efforts to control housing crisis," reports that 'Many critics of the Bush and Clinton administration cite the gutting of regulations of lenders that have been in place since the Great Depression as the primary cause of the current financial crisis. The UNC study may be the first scientific evidence of that.

 

Oct 7, 2009

The Big Picture, says you will not be surprised at the net results of the center's anti-predatory lending study.  In,"STUDY: Federal pre-emption of State Anti-Predatory Lending Laws Led to More Mortgage Defaults," the writer states that among the key factors were "the decision by the Bush White House in 2004 to preempt state lending standards," whereby " ...banks should only be subject to federal laws regulating mortgage credit."

 

Oct 6, 2009

The Rogue Valley Forum, in, "Study: Bush Administration Blocked Efforts to Prevent Housing Crisis." agrees with the center study findings saying that 'states that had stricter regulations on issuing mortgages were found to have fewer foreclosures,' and '..confirms what former-New York governor Eliot Spitzer argued in a now famous Washington Post column in February 2008.'

 

Oct 6, 2009

The Daily Kos,  quotes Raw Story in, "Study: Bush Administration Blocked Efforts to Prevent Housing Crisis."

 

Oct 6, 2009

TheRawStory in "Study: Bush Administration blocked efforts to prevent housing crisis," states that Federal regulators in the Bush administration blocked attempts by state governments to prevent predatory lending practices that resulted in the financial crisis now stalking the American economy, a new study from the University of North Carolina says.

 

Oct 6, 2009

The Washington Independent, in  "More Proof that Alan Greenspan was Wrong: Anti-Predatory Laws Slowed Foreclosures" states that the center's study "provides more evidence that deregulatory zealots have a lot to answer for when it comes to the mortgage crisis."

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