A move to protect undocumented workers

Immigrants' fear may have a chilling effect on consumer spending. "People are not buying homes. They're not building their business," said Mohan Kanungo, director of programs and engagement at Mission Asset Fund. "And that certainly has a large impact that I think remains to be seen for us to quantify." by Elena Shore READ MORE ...

Bill protecting immigrants advances in CA

Immigrants' fear may have a chilling effect on consumer spending. “People are not buying homes. They’re not building their business,” said Mohan Kanungo, director of programs and engagement at Mission Asset Fund. “And that certainly has a large impact that I think remains to be seen for us to quantify.” by Elena Shore READ MORE   ...

Lawmakers protect undocumented workers

Anti-immigrant rhetoric has led to a palpable fear among immigrants, who may now be making decisions based on that fear. It also may have a chilling effect on consumer spending. “People are not buying homes. They’re not building their business,” said Mohan Kanungo, director of programs and engagement at MAF. MAF recently released a Financial Emergency Action Plan for Immigrants, which gives ...

Responding to immigration enforcement

For those in the immigrant community, the numerous reports of raids by enforcement officials may give rise to a greater sense of fear. But those in the immigrant community can take precautionary measures to ensure the safety of their assets and belongings. Mohan Kanungo, director of programs & engagement at Mission Asset Fund, encouraged individuals to become more educated on “how to protect y ...

Protecting your assets as an immigrant

In order to make money, one has to spend money. You’ve heard of that saying before. The whole “work hard, play hard” concept. But what happens if your entire family is working hard and don’t see any financial progress? Why is it not working? If you find yourself (or someone you know) in this situation, or have come to learn what you can do, listen to our interview with Mohan Kanungo of MAF ...

Why we must not gut consumer protections

Have you ever been an eyewitness to an event and later seen it written about in a way that directly contradicts your experience? As three people who witnessed close-up the Consumer Financial Protection Bureau as it began its work after the worst financial crisis since the Great Depression, we are having that sensation as lawmakers in Congress rationalize their proposed evisceration of the agency. ...