Journalist David Dayen, explains why Trump’s picks for Commerce and Treasury (Wilbur Ross and Steven Mnuchin) secretaries are both profiteers off of the housing crisis. Reverse mortgage schemes. Steve Mnuchin misery merchant. Wilbur Ross’s outsourcing career in private equity and how he profited ...

Journalist Laura Gottesdiener explains, how communities of color were targeted by predatory housing loans, what “redlining” and why its toxic legacy matters, how inter generational wealth was destroyed in the African American community, how the financial services industry writes loans that no one...

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