FROM Gary Acosta
Latinos Hit by Foreclosure Crisis Between 2004 and 2008, Latinos received 30% of all California's home mortgages, but were subject to 48% of foreclosures. That's according to a report by a national consumer-advocate group, the Center for Responsible Lending. We hear from the director of CRL's California office and from the co-founder of NAHREP , the National Association of Hispanic Real Estate Professionals.
The Dream of Homeownership Becomes a Nightmare One of the main stumbling blocks to economic recovery is the record pace of home foreclosures. The National Association of Realtors says one-quarter of US mortgage holders is "underwater." Those most likely to feel the pain are blacks and Latinos, especially women.
The Dream of Home Ownership Is Becoming a Nightmare Home foreclosures are setting records, with almost one-quarter of mortgage holders owing more than their homes are worth in the current market. Big banks were the main cause of the housing crisis, but they're resisting demands that they re-negotiate loans that are "under water." The hardest hit are racial minorities, especially women. There's evidence that they were targeted for sub-prime loans even when they could afford better deals. What will this mean for the black and Hispanic middle classes? Is there any hope from Obama Administration?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.