Submit a Story!
Votes
topics:

posted by MediaMan vote down flag
Report: Subprime Predators Hitting Seniors; McCaskill Bill To Offer Protection
onthehillblog.blogspot.com - 10/6/2009
Report: Subprime Predators Hitting Seniors; McCaskill Bill To Offer Protection
—
Abuses and abusers from the subprime mortgage market have begun showing up in the reverse mortgage market, putting at risk the equity and savings of millions of seniors. Legislation is being readied in the Senate to deal with the problem.
huffingtonpost.com - 10/7/2009
Reverse Mortgages Are "Subprime Revisited," Says Consumer Law Group
— huffingtonpost.com — Many of the now-discredited practices that enabled the subprime mortgage market to boom and then bust have... reappeared in the reverse mortgage business, threatening senior citizens and potentially putting taxpayers on the hook for billions, according ... (more) Reverse Mortgages Are "Subprime Revisited," Says ...

Comments vote down Wonk Room found this 10/7/2009found this
Comments
Related Content
Extending the Recession Indefinitely
lvrj.com 10/4/2009 — Vin Suprynowicz, LV Review-Journal
Franken Wins Bipartisan Support For Legislation Reining In KBR’s Treatment Of Rape
thinkprogress.org 10/7/2009 — In 2005, Jamie Leigh Jones was gang-raped by her co-workers while she was working for Halliburton/KBR in Baghdad. She was detained in a shipping container for at least 24 hours without food, water, or a bed, and “warned her that if she left Iraq for ...
The best way not to waste a "crisis"
maggiesfarm.anotherdotcom.com 10/6/2009 — James Capretta makes the case that the real national economic crisis is the growth of middle class entitlements in his excellent essay, The New Middle Class Contract. The danger as he sees it (and as I see it) is to risk suffocating the goose that ...
What is a Bank, then?
angrybear.blogspot.com 10/8/2009 — I was trying to avoid mentioning this , partially because I half-suspected it was deliberately over the top, and I'm not reading tone well these days. After all: Virtually every BHC has elected to become an FHC. Under 12 U.S.C. § 1843(k)(4)(H) , FHCs are allowed to make "merchant banking ...
Top Tea Partier, Husband, Owed IRS Half A Million Dollars
tpmmuckraker.talkingpointsmemo.com 10/8/2009 — A top activist with the anti-tax Tea Party movement has had a personal brush with federal tax collectors. Jenny Beth Martin, a co-founder and national co-ordinator for the Tea Party Patriots , owed, with her husband, over half a million dollars to ...
After More Job Losses, Democrats Move to Extend Benefits — NYT > Politics 10/3/2009
The House approved legislation that would provide 13 additional weeks of benefits to states with unemployment rates of 8.5 percent or higher.
Report on Bailouts Says Treasury Misled Public — NYT > Politics 10/5/2009
A Treasury official made incorrect statements about banks’ health even as the government was doling out billions in aid.
Sens. Nelson, McCaskill locked in prank war — CNN Political Ticker 10/9/2009
Ahead of the Nebraska-Missouri football game, Missouri Sen. McCaskill and her press secretary were granted access to Nebraska Sen. Nelson's office for the latest round in a prank war that stretches back years. WASHINGTON (CNN)  ...