Soon after Michael Bloomberg took office in 2002, 40 of the 51 members of the New York City Council sponsored legislation aimed at curbing the growth of predatory lending practices by banks. According to the Daily News, “thousands of homeowners” had been taking on...
![SubPrime Mike: How Mayor Bloomberg Fought Efforts To Protect Black Homeowners From Predatory Lenders](https://mlzxwac42xdq.i.optimole.com/w:1080/h:675/q:mauto/rt:fill/g:ce/f:best/https://www.parkindymedia.org/wp-content/uploads/2020/02/49475472291_84736ce1cd_Indypendent.jpg)