Wall Street and “Contracts for Deed”

On April 18, 2016 the New York Times ran a story on the business page by Alexandra Stevenson and Matthew Goldstein entitled Wall Street Veterans Bet on Low-Income Home Buyers. They described how investment companies like Shelter Growth Capital Partners, Battery Point Financial, and Harbour Portfolio Advisors—largely run by those who worked in the mortgage arena during the recent real estate crash—are now buying up houses and “reselling” them to low income buyers under “contracts for deed.” Under such contracts, <Read More>

Racism in the Cook County Criminal Courts

On April 15 Nicole Gonzalez Van Cleve’s op-ed piece entitled Chicago’s Racist Courts was published by the New York Times. It was prompted by the report recently issued by Mayor Rahm Emanuel noting that racism was rampant in the Chicago Police Department. Van Cleve, a Tulane University scholar and the author of another just released publication—Crook County: Racism and Injustice in America’s Largest Criminal Court (Stanford University Press 2016)—used her first hand knowledge of the Chicago criminal court system to <Read More>