Working to improve America's housing system and end unnecessary foreclosures

In Bank of America Settlement, Consumers Deserve Real Relief

In Bank of America Settlement, Consumers Deserve Real Relief

img7

Recently, yet another record-breaking settlement was reached between a large bank and the U.S. Department of Justice to address the massive harm done to families during the financial crisis.

In the largest settlement between a single company and the Justice Department in history, Bank of America agreed to pay a $17 billion penalty for harmful behavior that contributed to the financial collapse of the late 2000s.

As part of the deal, Bank of America will offer $7 billion worth of consumer relief to affected homeowners.

Since the $7 billion will likely come in multiple forms, NCLR applauds the appointment of an independent monitor to oversee the settlement’s implementation. find out more

Summer 2014 Latinomics: What Latinos Really Think About the Economy

Summer 2014 Latinomics: What Latinos Really Think About the Economy

Latinomics
It’s been a great summer for NCLR as we took the 2014 NCLR Annual Conference to Los Angeles in July, where Senator Elizabeth Warren spoke at a town hall, and where we released a poll on Latinos’ attitudes toward the economy.

Together, we saw Julián Castro confirmed as HUD secretary, becoming only one of four Latinos in President Obama’s cabinet.

Thanks to your support, NCLR saw workers’ rights victories in the form a new USDA rule protecting Latino poultry workers nationwide, and an executive order from President Obama strengthening worker safety for employees of federal contractors.

Thanks for all your support this summer, and read on to see what’s new in Latinomics!

Latinos and the Economy: NCLR and Latino Decisions Release New Poll

At our 2014 Annual Conference in Los Angeles, NCLR partnered with Latino Decisions to release a poll revealing what Latinos really think about today’s economy.

find out more