Discover and read the best of Twitter Threads about #fha
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Check out "The Roots of #Redlining," a new article @lwinling & I wrote that was just released in the @JournAmHist. Here's the link academic.oup.com/jah/article-ab… but an illustrated thread with summary & our major findings follows ... (1/17)
@UrbanHistoryA @SACRPH
@UrbanHistoryA @SACRPH
We trace the intellectual roots of #redlining to economist Richard T. Ely and his students & colleagues affiliated with the Institute for Research in Land Economics, which he founded in 1920 ... (2/17) 
While a faculty member at Johns Hopkins, the University of Wisconsin & Northwestern from the 1880s-1920s, Ely trained scores of economists, sociologists & historians -- including future president Woodrow Wilson ... (3/17)
AG Barr and Dr. Ben Carson signed a MOU between DOJ and #HUD to clarify procedures on when to use the False Claims Act for violations by #FHA lenders and how to remedy any violations.
Wonder why the procedures were written to cause big banks to withdraw from FHA lending so much. Since 2010, the they've originated only about 14% of FHA loans. In 2010, it was about 45%.
Here's an additional statement from Carson/HUD:
