Subprime Mortgages: The Lose Your Home Industry
www.mslaw.edu Mortgages designed specifically to take advantage of individuals. In this 2004presentation of The Massachusetts School of Law's program, Books of Our Times, Dean Lawrence R. Velvel interviews Elizabeth Warren on her book The Two-Income Trap - Why Middle Class Mothers And Fathers Are Going Broke. Professor Warren is a Professor of Law at The Harvard Law School. The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit mslaw.edu.
Tags: talking, minorities, educational, interview, protests, the credit card industry, massive default, news, citi financial, mortgages, citibank
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This lady is brilliant and well-spoken. I personally know of a mortgage broker who advised everyone near foreclosure to accumulate as much debt as possible before filing bankruptcy. This country will face a credit card crisis worse than the real estate meltdown a few years ago.
The entire system is corrupt , the more debt you are in , the better your credit score !