Predatory Lending

State of the Dream 2010: Drained

State of the Dream 2010 report coverUFE's seventh annual Martin Luther King, Jr. Day report has finally arrived! State of the Dream 2010: Drained - Jobless and Foreclosed in Communities of Color explores the U.S. racial economic divide in the wake of the Great Recession and spotlights a targeted policy approach as the best way to close that divide and rebuild our economy. Read the report now!

 

February 4, 2010

Surprise! White - Minority Income Gap Continues to Widen

"What do you call a society that in a period of crisis leaves its weakest to fend for themselves, while rushing to the aid of its most powerful? The United States." Daniela Perdomo writes about the current racial economic divide in the US, citing UFE's new State of the Dream 2010 report, on AlterNet.

January 14, 2010

NEW REPORT: Economy Worse for Blacks, Better for Whites

UFE's seventh annual State of the Dream report, this year entitled, Drained: Jobless and Foreclosed in Communities of Color, sheds light on the question of who is right about how to better support our Black communities - President Obama or the Congressional Black Caucus?

January 11, 2010

PRESS RELEASE: UFE Backs Congressional Black Caucus

UFE supports the Congressional Black Caucus' actions to ensure that financial reform also address the crises of unemployment and homeownership in communities of color. UFE's Brian Miller states, "With so much of the economic recovery legislation focused on the financial services industry and Wall Street, it's a welcome breath of fresh air to see someone stand up for [those] trying to find decent work and hold onto their homes."

November 23, 2009

Bursting Bubbles, Buyers' Markets & Broken Dreams

UFE's Mazher Ali & Sarah Burris of Future Majority to co-lead a discussion on the impacts of the economic crisis on the housing market at the 2009 A Better Deal conference hosted by Demos.

October 13, 2009

Why We Need Robust Consumer Financial Protection

Hilary Shelton, VP of Advocacy for the NAACP, cites information from UFE's State of the Dream report in his testimony to the House Financial Services Committee in support of creating a strong Consumer Financial Protection Agency.

October 1, 2009

The Recession’s Racial Divide (op-ed)

"WHAT do you get when you combine the worst economic downturn since the Depression with the first black president?" Find out in this op-ed, where Barbara Ehrenreich and Dedrick Muhammad cite UFE's State of the Dream 2008.

September 16, 2009

Recession hits minorites harder

"For many Americans, the recession officially began in December 2008, but recent studies show it began much earlier — and had a greater impact — for minorities."

September 16, 2009

Foreclosure & Community Stabilization Conference (Mass.)

Find out what YOU can do to reverse the foreclosure crisis in Massachusetts. Interact with elected officials, housing, legal, community organizing
experts and other concerned residents about cutting edge activities that are impacting the foreclosure crisis now and how we can increase our impact! March 31, 2009

State of the Dream 2009 Charts

Click to open larger images in a new window.

Children Income Above Parents' Income by Race

January 29, 2009
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