LET ‘EM DROWN

Why are Republicans so clueless when it comes to anyone outside of their rich folks’ club bubble? The Huffington Post John Boehner: Time For Government To Stop Helping Homeowners House Speaker John Boehner thinks it’s about time for the government to stop trying to aid people with underwater mortgages. Responding to a plan President Barack… More LET ‘EM DROWN

Occupied Washington

Mother Jones Grotesque income inequality is just a symptom of our larger political disease. A FEW WEEKS AFTER the Occupy Wall Street protests began, we found ourselves having a random conversation with a couple of San Franciscans at a store counter. What were these kids going on about? they asked. Time was tight, the inquiry a pleasantry, really.… More Occupied Washington

Think you’ve read the worst about foreclosures? Read this

McClatchy MIAMI — All she wanted was $50,000 from the equity in her house to help pay the bills while looking for a job in nursing. What Imogene Hall got was a brutal lesson in the sometimes shady ways of the mortgage industry. It’s a lesson learned by untold numbers of homeowners in Florida, epicenter of… More Think you’ve read the worst about foreclosures? Read this

‘Foreclosure Mill’ Employees Got Gifts For Altering Documents, Witness Says

This story should require Congressional and Senate investigations when congress convenes after the midterms.  However, it appears all the Republicans want to do, if they gain the majority is investigate housing loans to poor people and impeach Obama. Huffington Post At a large Florida “foreclosure mill,” a manager signed up to 1,000 documents a day without reading… More ‘Foreclosure Mill’ Employees Got Gifts For Altering Documents, Witness Says

40 States Join to Halt Foreclosures

Wallstreet Journal Attorneys General Hope Lenders Will Re-Write Loans With Troubled Documents A coalition of as many as 40 state attorneys general is expected Wednesday to announce an investigation into the mortgage-servicing industry, an effort some of them hope will pressure financial institutions to rewrite large numbers of troubled loans. The move comes amid recent allegations… More 40 States Join to Halt Foreclosures