THE FRAY

CACLV has at any time an array of public policy initiatives.  Sometimes we are fighting policy retreat that takes past gains away, sometimes we’re fighting to advance a progressive agenda.  But we’re always in the fight.  Following are some key issues we are watching or are in the middle of the fray: GOVERNOR TOM CORBETT’S [...]

SO FIRED UP, SO MUCH TO SAY

AFTER ALL THE CHURN, WE’RE BACK TO WHERE WE STARTED BEFORE THE PREDATORY LENDERS STUCK IT TO US  According to Bloomberg.com, the American homeownership rate has fallen from its high of 69.2% in the boom year (my term) of predatory option arms, 2004, back to 65.9%, the level it was in 1998.  That was about [...]

Blaming the Victim

How do they do it?  How does an industry develop outrageously usurious products, seduce gullible homebuyers wanting what they have been told is the American Dream into loans that should have been illegal, cause the predictable collapse of the international economy, then convince regular folks into believing that it was the victims, not these predators, [...]