Milwaukee Anyone running out of things to worry about? How about housing finance? Maybe we could party like it was 2007 again and watch it all come crashing down again? For example, The Wall Street Journal, noted that housing “cash-outs” hit the highest level since the 2007 housing meltdown in the 3rd quarter of 20018, …
Tag: Foreclosure
Some Good News for Low-Income Families Hoping for Homes in Cincy & Detroit
New Orleans For lower income and working families in these days of escalating rents and no money flowing in the credit deserts, the old saying that if it “weren’t for bad news, there wouldn’t be any news at all” feels too much like an everyday story. In Detroit and Cincinnati recently, there was some good …
Wells Fargo Caught Again in Predatory Lending Scheme
Little Rock We need to get rid of the three strikes program for people and institute it for banks, whose criminal conduct continues to rage unabated. Wells Fargo, the West Coast based banking center, is a serial abuser of mortgage borrowers using predatory practices. Cook County, home of Chicago, and 5 million good people, has …