Community | May 06, 2011 | 0 comments

L.A. PROTECTS HOMEOWNERS, WHILE OBAMA WON'T !

source: http://motherjones.com/kevin-drum/2011/05/deutsche-bank-foreclosure

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Los Angeles sues Deutsche Bank for slumlord practices and contributing to the foreclosure problem. Kevin Drum of Mother Jones cites that Obama's Hamp; ( mortgage modification program ), has not only been a miserable failure, but has facilitated the further exploitation and financial rape of the already cash strapped and unemployed homeowners facing foreclosure. Los Angeles is taking another step to curb this financial industry abuse of the public, because the Obama administration behaves indifferently to the failure of the Hamp program and leaves them no option. Read about it here:

http://motherjones.com/kevin-drum/2011/05/deutsche-bank-foreclosure
  1. groups:
    Community,   Progressives United,   The Reform Revolution
  2. tags:
    Obama,  Los Angeles,  Mortgage Crisis,  Mother Jones,  4 more
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