Society's Child
"We're looking at disparities in outcomes... and we believe there may be some," Patrice Alexander Ficklin, director of the office of fair lending at the Consumer Financial Protection Bureau, said on a call with reporters Friday, according to the Washington Post.
Ficklin said they had identified a student loan company servicing an area with "substantial risk of credit discrimination" but did not disclose how they reached that conclusion or disclose the name of the servicing company.
CFPB has jurisdiction over the largest servicing companies, including Navient, Great Lakes and American Education Services.
The data released so far in 2017, however, has started to raise questions about how much longer these spending habits can last. There has been a significant drop in new car sales and a sharp increase in the delinquency rates of subprime borrowers. Inventories across the country have started to build up, and if things don't turn around soon, the excess cars sitting on lots will eventually force prices lower. According to analysts at Morgan Stanley, price declines will also impact the used car market, and some predictions are calling for up to a 50% decline by 2021.
Millions of borrowers who bought cars on credit could see the value of their vehicles plummet yet still have to pay off their full loan amount. It's similar to 2008 when the mortgage market collapsed and plunged home prices across the country dramatically lower. Property values fell so much that people suddenly owed more on their homes than they were worth. Those homeowners then had to make the decision of whether to wait it out and keep paying their inflated mortgage rates or cut their losses and sell. Cars, on the other hand, have never been an investment, and this kind of situation in the auto industry would likely trigger an avalanche of private sales as people try to get out from under their debts.

Still image shows bodies lying near burnt out buses in what is said to be Aleppo's outskirts, Syria April 15, 2017
The blast was reportedly caused by a suicide attacker detonating a car bomb. Syrian state TV said an unknown number of people had been killed and wounded.
Pictures have emerged on social media purporting to show the aftermath of the blast.
Humanitarian workers were among the victims of the attack, according to Arabic Asharq Al-Awsat.
Comment: Tragedy has struck Syria as a suicide attack kills and injures civilians being evacuated from the embattled towns of Fua and Kefraya to Aleppo. The current death toll stands at 70 with 130 people injured. Among the dead, more than half are thought to be children. The number of casualties are expected to rise.
According to a witness,Earlier in the day, a source told Sputnik that a suicide attacker detonated a car bomb in the Rashidin neighborhood of Aleppo near a convoy of buses carrying civilians evacuated from the Syrian Shiite towns of Fua and Kefraya. At least 70 people were reportedly killed, with many women and children among them."A suicide bomber blew himself up in car in Rashidin near a petrol station, where buses with the Fua and Kefraya residents stopped. There are dead and wounded".Today's deadly attack on unarmed civilians is the most strident example of terrorists trying to thwart the attempts to evacuate civilians from Idlib.
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"Terrorists are not letting people flee from the territory toward Aleppo and are preventing evacuation of Fua and Kefraya residents [from militants-held Rashidin neighborhood near Aleppo]," the source said.Update: Video has emerged of the immediate aftermath of the suicide bombing:
Update 2: Death Toll From Syria Car Bomb Rises To Over 100
The death toll from a car-bomb attack on buses carrying Syrians evacuated from two government-held towns has risen to at least 112, according to a monitoring group.Update 3: According to rebel sources (i.e. SOHR), the death toll is 126, including 68 children and 13 women. Despite the massacre, the evacuation is planned to proceed.
The Syrian Observatory for Human Rights said that 98 evacuees from two northern towns were killed when an explosives-laden vehicle hit their buses at a transit point west of Aleppo on April 15.
The remainder of the dead were aid workers and rebels tasked with guarding the buses, the Britain-based group said.
The group said the number of dead was expected to rise.

Pope Francis speaks during the Easter vigil mass in Saint Peter's basilica at the Vatican, April 15, 2017
In his homily at the Easter Vigil mass in St. Peter's Basilica on Saturday, Francis recalled the Biblical account of Mary and Mary Magdalene as they visited Jesus' tomb following his crucifixion. The women's anguish is often reflected in other people's faces these days, he said.
"We can see in the faces of those women in any number of other faces: the faces of mothers and grandmothers, of children and young people who bear the grievous burden of injustice and brutality. In their faces, we can see reflected all those who, walking the streets of our cities, feel the pain of dire poverty, the sorrow born of exploitation and human trafficking," the pontiff said, as cited by La Stampa.
Comment: Humans are capable of so many things; the world doesn't have to be like this.

Paul Golding (R) and Jayda Fransen (L), leaders of the far-right organisation Britain First
Unnamed hackers took over Britain First leader Paul Golding's personal website and Twitter account, swapping his bio for the words "racist f****** chav." His personal details, including his home address, were also divulged online.
Jayda Fransen, Britain First deputy leader, also had her website altered to show a death threat to any of the group's members presumably planning to attend a march in Birmingham on June 3.
An email came from a woman in Mumbai who claimed to have overheard men discussing the potential hijacking, which would allegedly involve 23 people.
When Joann Davis was 75, she hit some hard financial times after finding herself raising grandchildren following her daughter's death and her son's illness. So, being the resourceful grandmother that she is, Davis began to think of ways to earn some extra cash.
Then it hit her.
FEDOR (Final Experimental Demonstration Object Research), which is expected to go on a solo space mission in 2021, can now hit the mark with a gun in each hand.

President Donald Trump and Attorney General Jeff Sessions during a listening session on the problems of drug addiction and overdose at the White House in Washington, DC, March 29, 2017.
Others fear that instead of expanding community access to opioid disorder treatments, the Trump administration will push poor and marginalized people into "treatment" within the brutal confines of the prison system.
With his "law and order" approach to governing, Trump is poised to reverse federal momentum on opioids, shifting the focus from public health back to law enforcement and incarceration. What could that look like, besides more drug arrests? For starters, the man rumored to be Trump's pick for drug czar, Rep. Tom Marino of Pennsylvania, has called for placing parents facing minor drug charges in a "hospital-slash-prison."
The government reports that 435,000 people in the United States used heroin in 2014 and 1.9 million had opioid use disorders stemming from prescription painkillers, but researchers say 80 percent did not receive treatment. When treatment for opioid dependence is not available, some people turn to street drugs like heroin and fentanyl, causing rates of deadly overdoses to skyrocket. Opioid-related overdoses killed 33,000 people in 2015 alone.













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