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 …
Tag: Foreclosure
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 …
Truth in Banking for Welfare Queens and Wannabes
New Orleans When there is actual truth told about banks and bankers that may not mean anything will change, but at least it’s a good way to start the day. On the way to battle the Sioux warriors used to say, “this is a good day to die!” In the battle for banking accountability, this …