lending

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U.S. Senate testimony: “Lending Opportunities: Opening the Door to Homeownership in Indian Country”

U.S. Senate testimony: “Lending Opportunities: Opening the Door to Homeownership in Indian Country”

On Oct. 16, 2019, Center for Indian Country Development Director and Minneapolis Fed Assistant Vice President Patrice H. Kunesh testified before the U.S. Senate’s Indian Affairs Committee about the need for more housing and improved access to affordable lending on reservations. She said that “…

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Borrowing Trouble: Predatory Lending in Native American Communities

Borrowing Trouble: Predatory Lending in Native American Communities

With the collapse of the subprime mortgage lending market, predatory lending has become a significant national concern. In Native communities, however, predatory lending has been a major concern for years, since abusive lending practices have tended to proliferate more in minority and low-income…