Big Banks Abuse Consumers and Shake It Off
Tuesday, March 31
When the US Justice Department announced last August that it was levying a $17 billion penalty against Bank of America for its role in bringing on the mid-2000s housing crisis, pundits said the sheer size of the fine would make all banks take notice. Visions of bankers conducting themselves in a ...
U.S. Housing Market Gets Sicker
Monday, March 23
Stricken with a cold that never quite goes away, the nation's housing market is stumbling once again. In the fourth quarter of 2014, home values dropped and builder confidence started to erode.While headlines are being made with record-priced individual homes sales in some cities and stratospheri...
Hands Up. Don't Foreclose.
Monday, February 09
Outrage has died down in Ferguson, Missouri, where a white police officer fatally shot an unarmed African-American teenager last summer. Protesters and the national media have largely left town. Yet, Ferguson still struggles with a costly burden: 51% of homes in this mostly African-American commu...
Aspen Investment Forum Overcomes Plane Crash, Airport Closing
Thursday, January 09
The Aspen Investment Forum, held January 6 & 7, 2014, planned to bring together representatives of the global investment and entrepreneurial community to share their expertise for social fundraising. However, only a fraction of the participants were able to attend as a plane crash on the e...
CROWDFUNDING LEHMAN BROTHERS’ SUBPRIME FALLOUT TO PREVENT FORECLOSURES
Friday, December 27
Lehman Brothers‘ subprime mortgages, fallout from the largest bankruptcy in U.S. history, are beingcrowdfunded by American Homeowner Preservation. AHP’s 2013D opportunity, consisting primarily of loans birthed by Lehman, empowers accredited investors to acquire the interests in the $3,960,000...
AMERICAN HOMEOWNER PRESERVATION “DON’T INVEST” AD DEEMED OBJECTIONABLE
Wednesday, November 13
The SEC ban on advertising for investors by private companies ended in September, but a distressed mortgage crowdfunding site is experiencing challenges with placing ads as part of a new campaign. American Homeowner Preservation(“AHP”) operates a crowdfunding site in which accredited investors...