Wall Street sues California city looking to bail out homeowners


Published on Aug 22, 2013 by  RTAmerica

A city in California has become ground zero in a battle with mortgage lenders and now the federal government in its push to implement a radical new plan to assist homeowners who cannot meet the terms of their loans.

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One thought on “Wall Street sues California city looking to bail out homeowners

  1. Sue for WHAT?

    I don’t believe there are any cities left in this state still operating in the black. Many are close to filing bankruptcy. So what the hell does Wall Street expect to gain?

    Idiots.

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