Bankless America
The FDIC recently released a study that finds that 60 million Americans, a quarter of all U.S. households, are eitherContinue Reading
The FDIC recently released a study that finds that 60 million Americans, a quarter of all U.S. households, are eitherContinue Reading
Homebuyers buying new houses through a CDC in Brownsville, Texas have an average income of $19,000. Low-income border families, whoContinue Reading
Robert Doggett worked on behalf of TxLIHIS during the past session of the Texas Legislature, One of his main focusContinue Reading
My colleague Robert Doggett pointed out to me yesterday just how pathetic the Texas Legislature’s efforts to deal with theContinue Reading
On October 3 Bill Moyers interviewed Emma Coleman Jordan about the mortgage meltdown and the latest cries that the CommunityContinue Reading
The Big Lie: Fannie Mae collapsed because of Congressional affordable housing goals and this, in turn, was the cause ofContinue Reading
It’s to be expected. Anti-government pundits and apologists for predatory lenders are spinning hard, trying to shift the blame forContinue Reading
The $700 billion bailout of Wall Street brought about by the subprime/ predatory mortgage debacle points out that there needsContinue Reading
Who says home equity loans (second mortgages) are a good idea? Primarily the banks who pushed home equity loans intoContinue Reading
After reading Richard Bitner’s new book, Confessions of a Subprime Lender: An Insider’s Tale of Geed, Fraud and Ignorance IContinue Reading
Demonstrating poor judgment the Texas Teacher’s Retirement Fund announced it is planning to invest $250 million of retirement funds ofContinue Reading
Financial Institutions Committee Chairman Burt Solomon is reasonable and fair in approaching the issue of state regulation of financial institutions.Continue Reading
View Dr. James Gaines presentation [it takes a couple minutes to begin playing] before the Texas House financial institutions committeeContinue Reading
Watch Robert Doggett’s testimony before the Financial Services Committee, or better yet watch the entire hearing. On Wednesday Robert Doggett,Continue Reading
A page 1 story in the Washingtom Post Tuesday laid a major part of the blame for the subprime lendingContinue Reading