The Mortgage Scam Against Widows, and Why No Mortgage Lender Should Ever Get Legal Immunity

By: Thursday December 20, 2012 5:54 am

Dealbook had an item about the qualified mortgage rule and the bid by mortgage lenders to acquire a “safe harbor,” essentially a shield against consumer lawsuits, in the process. I’ve already gone over this topic and continue to oppose giving banks a safe harbor of any kind on the merits. But just to shift gears away from the precise details for a moment, consider why you would want to give any entity that does something like this protection from legal exposure:

 

FDL Movie Night: Kings Point

By: Monday December 17, 2012 5:00 pm

Growing old, something we all face. Growing old in the New York of the 1970′s where

“Life wasn’t so beautiful and the winters were cold”

created a diaspora to Florida–over half a million people over 55 moved to Florida from 1975 to 1980, according to the Census Bureau. In Delray Beach an enterprising developer created a seemingly idyllic community of two-story stucco buildings surrounded by tropical plants, with swimming pools, shuffleboard courts, and recreation halls. They named it Kings Point. The down payment was $1,500, slightly more for a second story unit since supposedly the bugs couldn’t get in. (In a stunning oversight, there are no elevators!)

FDL Movie Night: Beyond Belief

By: Monday March 14, 2011 5:00 pm

Beth Murphy’s warm and uplifting documentary Beyond Belief follows two women’s ability to transform the shattering events of 9/11 into a message of hope. Susan Retik and Patti Quigley, upper middle class, pregnant New England soccer moms lost their husbands in 9/11. Introduced by mutual friends, they formed a fast friendship and through their conversations [...]

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