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Here in Chicago, there are several restaurants that are “the place” to have afternoon tea. Tomorrow is the 250th anniversary of the Boston Tea Party. (And no, I was not working on a trading desk slinging MBS back then.) In those days, news traveled via word of mouth, rare newspapers, sermons, personal letters, or broadsides. People had time to think about things and contemplate. Nowadays, there are plenty of places from which to glean financial news. Unfortunately, the press is not one for putting good news in the headlines, and Navy Fed finds itself in the crosshairs of CNN breaking news of data on black and white borrower approval rates. Can regulators be far behind on this one? Industry vet Brian B. asks, “How much wealth was not created for minorities because of these actions? How did they treat other groups, i.e., single females, or Hispanics?” Lenders everywhere are interested in passing more costs on to borrowers regardless of race, and if so which co ....
In North Carolina, proposed law could help families protect land ownership go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.
USDA Forest Service Research(NEW YORK) In America, land is a valuable resource providing economic stability and growth for many people, and is often passed down from generation to generation. But for some low-income and minority Americans, property acreage passed on as a family heirloom can turn into a nightmare.
Melvin Davis, 83, said he never intended for him or his brother, LiCurtis Reels, to end up in jail over their family s land, but told ABC News it was something he knew he "had to do."
The brothers are third-generation descendants of Elijah Reels, their great-grandfather who bought nearly 65 acres of land on the coast of Beaufort, North Carolina, in Carteret County in 1911. The land was then passed on to Mitchell Reels, their grandfather, who died without a will, the land later becoming the heirs property.
"Land and abundance are what we consider the American dream," Kim Duhon, Davis and LiCurtis Reels niece, told ABC News ahead of t ....