  E_hemingway Member Username: E_hemingway Post Number: 1509 Registered: 11-2004 |
Could this headline be in a Detroit newspaper soon? Cleveland Sues 21 Lenders Over Subprime Mortgages http://www.nytimes.com/2008/01 /12/us/12cleveland.html?_r=1&t h&emc=th&oref=slogin | ||
Deandub11 Member Username: Deandub11 Post Number: 201 Registered: 05-2006 |
Baltimore did it also. | ||
Iheartthed Member Username: Iheartthed Post Number: 2511 Registered: 04-2006 |
Wow, that article was a pretty shitty written article. The article seems to be blaming subprimes for Cleveland's population loss since 1950. That isn't the cause of the bulk of the population losses in Cleveland or Detroit. I doubt that is the basis of the lawsuit, but if it is then I don't have much faith that it will be successful. | ||
Jimaz Member Username: Jimaz Post Number: 4278 Registered: 12-2005 |
Shittily written. It needs an adverb.  (Message edited by Jimaz on January 12, 2008) | ||
Detroitrise Member Username: Detroitrise Post Number: 1368 Registered: 09-2007 |
LOL! Shittly and Dumbassery! Those will be my new favorite words! | ||
Jeduncan Member Username: Jeduncan Post Number: 172 Registered: 11-2006 |
don't forget douchebaggery | ||
Iheartthed Member Username: Iheartthed Post Number: 2513 Registered: 04-2006 |
quote: lol, I wasn't sure so I tried to stay safe. | ||
Lefty2 Member Username: Lefty2 Post Number: 886 Registered: 07-2007 |
Grammatical errors notwithstanding, Cleveland just f'd the home owners they are trying to help. The people who got screwed with high rates probably wont see a dime, but the lawyers will get plenty. Many lenders now will just stay out of Cleveland and interest rates or mortgage insurance rates will increase a little. All business costs eventually get passed on to the consumer or the owner eats it. |
