Free Republic

The Justice Department is beginning a major campaign against banks and mortgage brokers suspected of discriminating against minority applicants in lending, opening a new front in the Obama administration’s response to the foreclosure crisis. Tom Perez, the assistant attorney general for the department’s Civil Rights Division, is expected to announce Thursday in New York that the administration is creating a new unit that will focus exclusively on unfair lending practices. “We are looking at any and every practice in the industry,” Mr. Perez said in a recent interview. As part of an expansion of the Civil Rights Division approved by...

(CNSNews.com) - For the first time in eight years, Jesse Jackson's Wall Street Project will not receive a donation from the New York Stock Exchange. And for the second year in a row, the Wall Street Project will not be holding its fundraising gala on the floor of the stock exchange. Jackson did use the NYSE floor for six consecutive years before being frozen out last year. "We are not giving to Wall Street Project this year," Diana DeSocio, the spokeswoman for the NYSE told Cybercast News Service on Friday. The 8th Annual Rainbow/PUSH Wall Street Project Conference: "Beyond...