In the News

In the News: Foreclosure settlement monitor faces critics

By Jon Prior
 
Joseph Smith, the monitor of a controversial government settlement with the five largest banks last year, said he was lucky to survive Wednesday meetings with homeowner advocates who feel let down by the deal, which was meant to end past foreclosure abuses.
 
The former North Carolina banking commissioner admitted to real concerns with the $25 billion agreement struck between 49 state attorneys general, the Justice Department and the Housing and Urban Development Department, and asked advocates at the meeting — hosted by the National Council of La Raza — to help him keep track of which mortgage servicers aren’t living up to their end of the bargain.
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In the News: Have Mortgage Settlements Left Communities of Color Behind?

By Janet Murguía, Marc H. Morial, and Lisa Hasegawa
 
This February marks the one-year anniversary of the $25 billion national mortgage settlement made with the nation’s five largest mortgage servicers: Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial. Since then, the banks have barreled through their obligations at a rapid clip, leaving us with some concerns.
 
To explore the settlement’s progress, the Alliance for Stabilizing Our Communities, a partnership between the National Council of La Raza, the National Urban League, and the National Coalition for Asian Pacific American Community Development, hosted a summit featuring Joseph A. Smith Jr., an independent monitor of the national mortgage settlement.
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In The News: Civil Rights Groups Call for More Disclosure in Mortgage Settlement

By Kate Berry
 
Civil rights groups and housing counselors sharply criticized the top five mortgage servicers Wednesday and vowed to force their executives to publicly disclose which consumers are benefitting from the $25 billion national mortgage settlement.
 
At a forum in Washington, housing counselors called the settlement "disastrous," and grilled its monitor, Joseph A. Smith, on why the banks are not disclosing data on race, ethnicity and geography that would show whether black and Hispanic communities hit hardest by the foreclosures crisis are getting the bulk of consumer relief.
 
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In the News: Struggling Asian American Homeowners Hesitate to Seek Help

By Devika Koppikar
From Asian Fortune

Jane Duong, National CAPACD's Director of Programs and Advocacy is quoted in Asian Fortune's article, "Struggling Asian American Homeowners Hesitate to Seek Help" on foreclosure rates of Asian American homeowners.

 

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In the News: Coverage of the 2012 Asian American Election Eve Poll

As part of our AAPI Civic Engagement Project, National CAPACD, in partnership with the Asian American Legal Defense and Education Fund (AALDEF), conducted the Asian American Election Eve Poll on the weekend before the November 6, 2012 presidential election.

2012 election ushers in historic wins for Asian-American candidates

by Kyung Lah
CNN
November 7, 2012

Asian Americans overwhelmingly backed Obama, Democrats
by Kim Geiger
Los Angeles Times
November 9, 2012

U.S. Election: The South Asian Factor

by Visi R. Tilak
Wall Street Journal
November 10, 2012

Asian-Americans backed Obama overwhelmingly
Boston Globe
by Callum Borchers and Alan Wirzbicki
November 9, 2012

Increasingly, New Face of Asian American Electorate is a Democrat
Ngoc Nguyen
New America Media
November 9, 2012

 

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In the News: Home for Good Campaign in Local Media

The Chinese American Service League (CASL) and the Philadelphia Chinatown Development Corporation (PCDC), both Home for Good partnering organizations, werwe featured in local media in the past week few weeks.  
 
Check the links to see the full articles!
 
Chicago
 
Philadelphia

China News Weekend
Sing Tao Daily
Metro Chinese Weekly

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In the News: The Home for Good Campaign

by Dr. Joy Bruce, The National Alliance to Nurture the Aged and the Youth (NANAY) 
from: Asia Trend Magazine

Dr. Joy Bruce on NANAY, National CAPACD, and the Home for Good Campaign.

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In the News: National CAPACD Featured in Mosaic Publication

Asian American & Pacific Islander Heritage Month, our Commitment to Culture

Southwest Airlines is committed to serving the Asian community. As a Company that embraces our unique Culture, we also know the importance of recognizing our Employee and Customers’ history and backgrounds. In celebration of Asian American & Pacific Islander Heritage Month in May, we were excited to sponsor and participate in a range of national events. We participated in the first national youth leadership summit put on by South Asian Americans Leading Together (SAALT), and the National Coalition for Asian Pacific American Community Development’s inaugural Native Hawaiian & Pacific Islander National Convening, to name a few. To learn more about our efforts in the Asian community, please visit: http://www.southwest.com/citizenship and click on “Our Diversity & Inclusion”.

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In the News: “America’s Tomorrow”: An Interview with Lisa Hasegawa

PolicyLink
From PolicyLink's "Equity Blog"
 
PolicyLink is proud to work with CAPACD and Lisa and we think more people should be aware of the incredible work they do to address the issues of housing and community and economic development needs of the diverse and growing Asian American and Pacific Islander (AAPI) communities around the country.
 
Our America’s Tomorrow video series was designed to bring you some of the leaders out there who are tackling our most pressing issues in thoughtful and practical ways. If you are not yet aware of this dynamic woman and the agency she leads, then our interview will help you. We encourage you to reach out to Lisa as a resource. If you know Lisa and CAPACD, then this will be a reminder for you of how vital the work she and CAPACD does on a daily basis.
 
 
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In the News: Congressional Asian Pacific American Caucus 2012 At Capitol

Coverage of the Congressional Asian Pacific American Caucus (CAPAC)'s APA Heritage Month Celebration on Capitol Hill, from the Saigon Broadcast Television Network (SBTN).  Representatives of National CAPACD member organizations attended this event during the the 2012 National CAPACD Housing and Community Development Policy Forum in Washington, DC.  

Included in this coverage are interviews with Nam Pham of VietAid (Boston) and Janelle Chan of the Asian Community Development Corporation (Boston).  Please click here to view the video.

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