New Orleans On a plane recently the window seat passenger next to me was a regional training manager for the largest consumer credit counseling outfit in America. She told me they were cutting out a huge portion of their low income home counseling efforts because of cutbacks at HUD. A recent article in the New …
Month: September 2011
Labor Daze and Labor Waves
New Orleans On the eve of another ritual of picnicking and the last gasps of the summer that we celebrate as Labor Day, there will be the ritual mentioning of the value of labor and hard work, commentary on the recession, and even some mention about the value of unions in certain geographies where we …
The Mortgage Blame Game Still Leaves Homeowners without Help
New Orleans Now the Federal Housing Finance Agency has indicated that it will file suit against a gang of giant financial institutions for their sloppy work and lack of “due diligence” in assembling securitization pools of home mortgages. Their aim is to collect billions of dollars that were lost in this way by Fannie Mae …