March 10, 2022 | by Shawn Donnan, Ann Choi, Hannah Levitt and Christopher Cannon
When Mauise Ricard III paid a $560.43 application fee to Wells Fargo & Co. on Valentine’s Day in 2020 to refinance his mortgage on a four-bedroom brick colonial in a leafy suburb of Atlanta, he had every reason to expect an easy ride. The Microsoft Corp. engineer is married to a doctor and has a credit score north of 800, putting him in America’s credit elite. The loan officer at the bank even told him he was probably eligible for a fast-track appraisal.
Santa Fe City Council Approves Resolution to Study Impact of a Public Bank for Santa Fe
The Santa Fe City Council approved a resolution to move forward on a study of the long-term benefits of a public bank for the City of Santa Fe. The resolution was sponsored by Mayor Javier Gonzales and Councilors Peter Ives and Joe Maestas. They were joined by...Public Banking Call to Action: Attend the Santa Fe City Council Meeting — October 29
Banking on New Mexico encourages you to attend the next meeting of the Santa Fe City Council to help move public banking forward. After approval by City of Santa Fe’s Finance Committee on October 20, 2014, the resolution for a feasibility study of the benefits of a...City of Santa Fe Finance Committee to Consider Feasibility Study for a Public Bank
The Finance Committee of the City of Santa Fe will convene for a regular meeting in the Santa Fe City Council Chambers at 5:00 pm on Monday, October 20, 2014. On the agenda is: 23. Request for Approval of a Resolution Directing Staff to Analyze the Potential...Public Banking in the Press – Symposium on public banking planned today as city explores feasibility
From The Santa Fe New Mexican: Symposium on public banking planned today as city explores feasibility Posted: Friday, September 26, 2014 7:00 pm | Updated: 12:30 am, Sat Sep 27, 2014 By Daniel J. Chacón The New Mexican Mayor Javier Gonzales says that while he was on...Santa Fe Mayor Javier Gonzalez: Public banking worth exploring in Santa Fe
Santa Fe Mayor, Javier Gonzalez, talks about the importance of the Banking on New Mexico Symposium: Funding Local, Sustainable Economies for the City of Santa Fe. The Symposium is happening today, Saturday, September 27, 2014 from 10:30 am to 9:00 pm, at the Santa Fe...
Wells Fargo Rejected Half Its Black Applicants in Mortgage Refinancing Boom
SEED NM 2022 Symposium: Bob Mang on how business guilds can regenerate communities
SEED NM 2022 Symposium: Bob Mang on how business guilds can regenerate communities
Bob Mang, Re-Genesis Inc, Co-Founder (Retired) and AFLEP Board member, talks about rural economic development and how business guilds can regenerate communities.
Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
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