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Archive for the ‘Financial Services Abuse’ Category

Low interest rates don’t make housing more affordable.

While getting a lower interest rate loan will reduce a payment in a specific house purchase, the long term effect is simply housing inflation.

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Is the real estate industry to blame for the mortgage/housing meltdown?

While we are close to returning to pre-meltdown housing values, there really has been little done to punish wrong doing or prevent future scandal.

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The door remains open for financial scandal according to LA Times

Article from LA Times regarding the lack of change in policy resulting from the financial crisis.

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After many years there are still no significant prosecutions on those responsible for the mortgage meltdown

While many thousands have lost their homes and much of their personal net worth over the past 5 years, it could easily happen again.

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Is America’s Wealthy 1% to Blame?

The wealthy are not to blame for unfairly manipulating the system. Although those that are responsible are wealthy. So who is the culprit?

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