Archive: Kimberly Blanton
Among the many explanations for the baby boom are rising incomes in the post-war economy, modern appliances that made childrearing more manageable, and lots of women who were no longer working in the factories. But a new study makes a compelling case for another cause: FHA and VA mortgages that made borrowing money for a…
With its fate hanging in the balance, it’s a good time to remember the Consumer Financial Protection Bureau arose out of subprime mortgage scams like these. A mother who moved her young children out of coveted government-subsidized housing after a loan broker told her she could afford a house. Foreclosure ensued immediately. A woman wanted…
