Good Enough for Today

Things that help me do the best I can today.

Citigroup loses bid to stop L.A. mortgage discrimination suit

sinidentidades:

A lawsuit by the City of Los Angeles accusing Citigroup Inc of mortgage discrimination can go forward, a federal judge ruled on Monday, turning down the bank’s motion to dismiss the case stemming from last decade’s real estate boom.

The lawsuit, filed in December, accuses Citigroup of engaging in a “continuous pattern” of discrimination since at least 2004 by targeting people of color for high-cost mortgage loans, violating the U.S. Fair Housing Act. The city is seeking damages from the bank for the costs of extra services and lost tax revenue in blighted neighborhoods.

Citigroup is one of four banks that Los Angeles has sued since December for allegedly giving people of color home loans they could not afford, resulting in a wave of foreclosures and a lower tax base.

Lawyers for Citigroup had challenged the city’s right to sue, saying it had not offered specific or concrete details of harm.

U.S. District Judge Otis Wright said a loss of tax revenue and increased spending on services in blighted neighborhoods was a sufficient injury to allow the city to sue.

A Citigroup spokesman said the bank remained confident it would ultimately prevail in the case.

"This is not a ruling on the facts in the case, and we continue to believe the suit is without merit," spokesman Mark Rodgers said.

"Citi is proud of its deep commitment to make sure our lending standards are fair to all of our customers," he said.

Lawyers for Los Angeles could not immediately be reached for comment.

Filed in Los Angeles federal court, the lawsuit said Citi issued high-cost loans to people of color, then refused to refinance the loans later on the same terms it extended to white borrowers, resulting in defaults.

Loans in neighborhoods of color were 4.8 times more likely to end in foreclosure than loans in predominantly white neighborhoods, the lawsuit said.

A typical foreclosure costs local governments more than $19,000 for safety inspections, police and fire calls and maintenance, the lawsuit said. Banks should repay such costs when they are caused by discriminatory lending, it said.

Bank of America, Wells Fargo and JPMorgan were hit with similar lawsuits by the city. Wells Fargo lost its bid to have its lawsuit dismissed last month.

The Citigroup case is: City of Los Angeles v Citigroup et al, U.S. District Court, Central District of California, No 13-cv-9009.

(via toastedcoconut)

rubyetc:

most people have a hard time accepting what they are going through is valid to begin with. Don’t add to that insecurity. 
By Ruby [tumblr | twitter | instagram]

rubyetc:

most people have a hard time accepting what they are going through is valid to begin with. Don’t add to that insecurity. 

By Ruby [tumblr | twitter | instagram]

(via thefrogman)

ethiopienne:

No Selves To Defend anthology available for purchase to benefit Marissa Alexander legal defense fund

With only six weeks until Marissa Alexander‘s retrial in Florida, there is an urgent need to raise money for her legal defense.
Mariame Kaba of Project Nia was motivated to create the ‘No Selves to Defend Anthology‘ as a fundraising tool and also as an educational and consciousness-raising one. The anthology locates Marissa’s case within a historical context that criminalizes and punishes women (particularly of color) for self-defense.
The women featured in the publication (besides Marissa) are: Lena Baker, Inez Garcia, Rosa Lee Ingram, Joan Little, Cece McDonald, New Jersey 4, Cassandra Peten, Bernadette Powell, Juanita Thomas, Yvonne Wanrow, and Dessie Woods.
‘No Selves to Defend’ includes original art by Micah Bazant, Molly Crabapple, Billy Dee, Bianca Diaz, Rachel Galindo, Lex Non Scripta, Caitlin Seidler, and Ariel Springfield; as well as writing by William C. Anderson, Sam Hsieh, Victoria Law, Andy Smith, Mychal Denzel Smith, Emily Thuma, Lewis Wallace, Rachel Domain-White and me.
The 50 page anthology is printed on 80# gloss text paper with a laminated cover. Only 150 copies were printed (thanks to generous support from Kiese Laymon, Ariel Springfield, and Mychal Denzel Smith) and 125 copies are available to purchase. Once they sell out, there won’t be a second printing. We will however eventually make the publication available online to download so that others can engage with the content and use it in their organizing work. This is a limited edition publication.
‘No Selves to Defend’ can be purchased at the Free Marissa online store for $50 plus $2.90 shipping & handling. All proceeds support Marissa’s legal defense.

ethiopienne:

No Selves To Defend anthology available for purchase to benefit Marissa Alexander legal defense fund

With only six weeks until Marissa Alexander‘s retrial in Florida, there is an urgent need to raise money for her legal defense.

Mariame Kaba of Project Nia was motivated to create the ‘No Selves to Defend Anthology‘ as a fundraising tool and also as an educational and consciousness-raising one. The anthology locates Marissa’s case within a historical context that criminalizes and punishes women (particularly of color) for self-defense.

The women featured in the publication (besides Marissa) are: Lena Baker, Inez Garcia, Rosa Lee Ingram, Joan Little, Cece McDonald, New Jersey 4, Cassandra Peten, Bernadette Powell, Juanita Thomas, Yvonne Wanrow, and Dessie Woods.

‘No Selves to Defend’ includes original art by Micah Bazant, Molly Crabapple, Billy Dee, Bianca Diaz, Rachel Galindo, Lex Non Scripta, Caitlin Seidler, and Ariel Springfield; as well as writing by William C. Anderson, Sam Hsieh, Victoria Law, Andy Smith, Mychal Denzel Smith, Emily Thuma, Lewis Wallace, Rachel Domain-White and me.

The 50 page anthology is printed on 80# gloss text paper with a laminated cover. Only 150 copies were printed (thanks to generous support from Kiese Laymon, Ariel Springfield, and Mychal Denzel Smith) and 125 copies are available to purchase. Once they sell out, there won’t be a second printing. We will however eventually make the publication available online to download so that others can engage with the content and use it in their organizing work. This is a limited edition publication.

‘No Selves to Defend’ can be purchased at the Free Marissa online store for $50 plus $2.90 shipping & handling. All proceeds support Marissa’s legal defense.

(via toastedcoconut)


In response to today’s positive Trademark Ruling, canceling Washington’s patent to the name R*dskins, we are out in front of this local football field to message brightly that our culture matters.
We are #ProudToBe Menominee, Ojibwe, Anishinaabe, Stockbridge-Munsee-Mohican, Oneida, Potawatomi, Bad River, mother, father, sister, brother, veterans, and Wisconsinites, but one thing we are not, is your mascot. (x)

In response to today’s positive Trademark Ruling, canceling Washington’s patent to the name R*dskins, we are out in front of this local football field to message brightly that our culture matters.

We are #ProudToBe Menominee, Ojibwe, Anishinaabe, Stockbridge-Munsee-Mohican, Oneida, Potawatomi, Bad River, mother, father, sister, brother, veterans, and Wisconsinites, but one thing we are not, is your mascot. (x)

(Source: baapi-makwa, via danathepaina)