New Orleans After years of pleading from tens of groups, the lackadaisical Federal Reserve with its laissez faire view of its regulatory responsibility, finally outlawed the infamous “yield spread premium” enjoyed for years by real estate brokers and their co- conspirator lenders, both of whom continue to have escaped any accountability for the real estate …
Month: August 2010
Dancing ACORNs in Washington Times
New Orleans An illustration called “dancing acorns” – in fact that’s how it pulls up on a Google search when you type “dancing acorns and Washington Times” illustrated a hater column on ACORN by Matthew Vadum in the August 19th paper. You can see it with this blog. Tell me, please, is it me or …
Cynical Shift in Hardest Hit Foreclosure Fund
New Orleans We have now gone past tearing out our hair in frustration and are moving to full throated screams for help, but nothing seems to be putting a dent in the hapless and incompetent fiction that we have a national foreclosure modification program. Recently the Obama Administration announced that it was moving another couple …