Cleveland is suing 21 of the nation's largest banks and financial institutions, accusing them of knowingly plunging the city into a financial crisis by flooding the local housing market with subprime mortgage loans to people who could never repay. |
Cleveland Sues 21 Lenders Over Subprime MortgagesQuicklink Submitted By Sheila Samples No comments
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Cleveland is suing 21 of the nation's largest banks and financial institutions, accusing them of knowingly plunging the city into a financial crisis by flooding the local housing market with subprime mortgage loans to people who could never repay. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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