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Tag: sub prime

aclu Vs Morgan stanley

ACLU Sues Morgan Stanley for Discriminatory Lending

Industry, Politics & Econ October 15, 2012April 20, 2016 John Maseredjian 0 Comments

Yet another lawsuit has been filed against the “big banks” in relation to the lending standards and practices employed by the companies leading up to the housing market crash.  What seperates this case from others is the fact that this is the first case brought by homeowners (not government) against an investment bank.

FHA Cracking Down on Liberal Lenders

Industry August 1, 2011April 20, 2016 John Maseredjian 1 Comment

No, I do not mean liberal as in political affiliation, but rather in the “Hey heres a bunch of Government money, go enjoy yourself” way!

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