Angelo Mozilo, former CEO of Countrywide Financial, has just agreed to pay $67.5 million SEC fine. But the landmark 2008 settlement with Bank of America, which had acquired Countrywide that year, has done little to help defrauded homeowners.
Is there a progressive vision for the post-Daley era in Chicago?
With budget crunches slamming cities and urban industry continuing to decline, what can be done to rebuild American cities so that they are strong and work for everyone?
Nation Writing Contest Winner: Students and workers pay the price in the decline of Detroit's automobile industry.
How we remember Katrina is how we'll prepare for future disasters. Getting the story straight matters for justice—and for survival.
Developing policy solutions to reduce inequality is not difficult. Mustering political will to enact them is.
The foreclosure crisis is now hitting even the safest borrowers. That makes passing the Right to Rent Act, which would enable homeowners who can't get loan modifications to stay in their homes, even more critical.
As New York City struggles with continued foreclosures, an anemic economy and large deficits, we hear constant calls to balance the budget on the backs of those most in need. But we believe that the city can plan a recovery that narrows the growing economic divide.
There's more to the legend of Jane Jacobs than her showdown with Robert Moses.
Thoroughly green and worker-owned, co-ops are a vibrant response to economic distress.