New Orleans There was a startling AP story by Michelle Conlin and Tamara Lush that thudded on my porch a couple of days ago that opened my eyes to another dimension of the foreclosure fiasco that continues to seep the country: the finances of homeowners’ associations. I can remember taking a look at these …
Category: Financial Justice
Doubtful Help for Unemployed Foreclosure Victims
New Orleans Secretary Shaun Donovan and President Obama made yet another HUD announcement of another faux “program” to help foreclosure victims, which once again will not work and plays yet more patty cake with banks and their loan servicers. These charades have become something like a marker of seasons passing as we record yet more …
Predatory Student Loan Travesty
New Orleans Ok, one hand is clapping. There was some progress on student loans under the Obama Administration. The huge billion dollar scam that was subsidizing banks was kyboshed and federal loans were taken away from the private sector. Furthermore, President Obama won some limits on payments and implemented some forgiveness programs, especially for public …