Mellody is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate…
The foreclosure crisis has hit blacks harder than any other group in America and it will be tough for them to regain their footing in the housing market. Blacks’ homeownership rate has plummeted nearly 6 percent to 46.2 percent since its peak in 2004. That’s more than twice that of any other racial or ethnic […]
