Today’s financial meltdown has numerous origins.

But here’s one cause that is oftentimes overlooked: old-fashioned bankers poorly misread the marketplace for monetary solutions in low-to-moderate-income communities. “Banks have already been approaching these clients solely from the perspective that is short-term-gain and they’ve missed opportunities,” Matt Fellowes, director associated with the Pew secure Banking Opportunities venture, explained. Banking institutions declined to supply […]