U.S. Census Bureau | Income, Poverty and Health Insurance Coverage in the United States: 2011
Income, Poverty and Health Insurance Coverage in the United States: 2011 The U.S. Census Bureau announced today that in 2011, median household income declined, the poverty rate was not statistically different from the previous year and the percentage of people without health insurance coverage decreased. Real median household income in the United States in 2011 … Read more
FDIC Releases National Survey of Unbanked and Underbanked: 10 Million Households Have No Bank Account
FDIC Releases National Survey of Unbanked and Underbanked FDIC’s Committee on Economic Inclusion to Discuss Strategies to Expand Access The Federal Deposit Insurance Corporation (FDIC) today released the results of its 2011 National Survey of Unbanked and Underbanked Households, the most comprehensive survey on the unbanked and underbanked in the United States. The survey indicates … Read more
Lee Camp | Are We In The Middle Of The Zombie Apocalypse?!
Look around you. Are there zombies? Are there vampires? If you answered yes, then maybe you don’t need to watch this video. If you answered no, then I’m about to change your mind. …or eat it. [more at LeeCamp.net] ~ 4closureFraud.org Tweet
Pew Research Center | A Third of Americans Now Say They Are in the Lower Classes
A Third of Americans Now Say They Are in the Lower Classes The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew … Read more
September 12th 2012 | HAPPY POVERTY SIMULATION DAY! – Educators to Join Community Leaders in Poverty Simulation (This is NOT a Game)
“Participants of the simulation will learn when they arrive at the session what their particular “family circumstances” are and proceed to replicate the experience of a typical low-income family trying to survive “the tyranny of the moment.” They will try to navigate the complex and sometimes contradictory eligibility requirements of various community resources while attempting … Read more
The Bailout: By The Actual Numbers
The Bailout: By The Actual Numbers by Paul Kiel ProPublica Quick, how many billions in the red are taxpayers on the bailout of GM? AIG? Fannie and Freddie? Is it true that the government has reaped a profit from bailing out the banks? It should be easy to find answers to such questions. But while … Read more
Foreclosure Fail: Study Pins Blame on Big Banks
Foreclosure Fail: Study Pins Blame on Big Banks by Paul Kiel ProPublica Answers to homeowners’ questions about the Independent Foreclosure Review.The administration’s website for the foreclosure prevention program. Provides an FAQ, homeowner examples, and other tools to see whether you might qualify for the program.A list of HUD-approved housing counseling agencies nationwide.Tips for homeowners from … Read more
Neil Barofsky | The ‘AIG Bailout Worked’ Mantra Is Dangerous, Geithner Is Not Being Honest (VIDEO)
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Wells Fargo Mistakenly Trashes Out Retired Couple’s Home Twice (NEVER HAD A MORTGAGE)
Wells Fargo Mistakenly Cleans Out Retired Couple’s Home Twice “We assumed it was a break-in and, really, it was a break-in,” Tjosaas said. “They weren’t legally supposed to be there.” Tom Goyda, vice president of corporate communications for Wells Fargo Home Mortgage, told ABC News the company had foreclosed appropriately on another property near the … Read more
Jailed USB Banker Turned Whistle-Blower Awarded $104 Million by I.R.S.
Whistle-Blower Awarded $104 Million by I.R.S. Sometimes, crime does pay. Bradley C. Birkenfeld, a former banker at UBS, recently served two and a half years in prison for conspiring with a wealthy California developer to evade United States income taxes. But Mr. Birkenfeld, 47, has a lot to show for his time and effort: The … Read more
How to Find Weeds in a Mortgage Pool
How to Find Weeds in a Mortgage Pool IT sounds like the Domesday Book of the housing bust. In fact, it is a computerized compendium of millions of housing transactions — a decade’s worth from across the country — that could finally help us get to the bottom of troubled mortgage investments. The system is … Read more
Slumlord | California Company Buys 700 Florida Foreclosures in Single Sale
California company buys 700 Florida foreclosures in single sale The Federal Housing Finance Agency sold 700 Florida foreclosures owned by Fannie Mae to a San Diego-based company that paid $12.3 million for an interest share. The sale, which closed Thursday, is the first in the government’s nationwide plan to sell foreclosed homes to private investors … Read more
