I suspect that, a majority of the defaults are single women/mothers, and as such, no political party can ignore the situation....
“I suspect that, a majority of the defaults are single women/mothers, and as such, no political party can ignore the situation....”
I’m sure that there are. We already know about the NINJA Loans that are out there, there is no way that the Banks discriminated against Single Mothers and Women any more than they would dare discriminate against any other protected minority. These lousy loans were made to people of every description and financial circumstance with little regard to what any of them would do in three years when the ARM adjusted.
The point is that the solution to this mess lies in selling those foreclosed homes, and we have a deficit of “qualified” buyers, and I look for the Democrats to redefine what “qualified” means yet again...