As the foreclosure crisis continues to sow misery in Northeast Ohio, HUD which has owned more than 2,000 homes in Cuyahoga County in the last few years alone, has helped perpetuate the fallout with policies that, at times, makes the agency no better than a slum landlord or seller who flips properties without compunction, critics say.
Tags: agency, cuyahoga, cuyahoga county, foreclosure, HUD, HUD Homes, HUD Homes, owned-more, slum landlord, sow-miseryPosts Tagged ‘owned-more’
HUD criticized for its practices as an owner and seller of foreclosed homes (The Cleveland Plain Dealer)
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?At the same time, more than valuations, there are signs that politics has influenced decision making of these institutions they being state owned?, he further opined. Posted by ranga777 at 03:59 ...
The words were incredibly hurtful to our customers -- especially our African-American shoppers -- and we regret that it happened more than we can say." Six days after the incident, an arrest was made public. .... Actually, if people just quit shopping at anyplace that's owned by some sort of monster corporation, they would be doing us all a favor. Small businesses owned by white males are almost as endangered as those owned by women, minorities, and the disabled. ...
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Many of these people used their homes as an ATM machine, creating more and more debt against their home to the point that they could no longer afford it. They bought new cars, boats and RVs with the money.
For more updates on the movement for publicly-owned banks, see http://www.public-banking.com. To sign a petition for a citizen-owned bank in California, go to http://www.change.org/actions/view/help_the_terminator_save_california. ...