New Orleans Fair enough, I call New Orleans home and in the wake of Hurricane Katrina nine years ago, I still pay way more attention to climate change than the average Joe, partially because I’ve been there, done that, and think it’s coming again someday both here and to an area near you. So, when Ceres, …
Tag: insurance
Force-placed Insurance and Me
New Orleans I find no joy in reading about forced-placed insurance, but I take great satisfaction in seeing the farce and fraud of such anti-consumer insurance coming to light. Quoting Benjamin Lawsky, superintendent of Financial Services from Gretchen Morgenson’s “Fair Game” column in the Times, Force-placed insurance appears to be the dirty little secret of the …
Soft Case for Home Ownership: Forced Savings/Low Interest Rates
New Orleans Dueling columns in the Times smashed the drunken or doped spin of the Realtors Association trying to claim that the housing market was “back” and in the “Your Money” section made a soft and shrugging case for home ownership: “Indeed, many people who are buying at the moment are locking in mortgage …