Washington Duwamish Tidal Flats Hoovervilles, 1935The photo below shows Hooverville in Seattle, Washington, where unemployment reached 26 percent by January 1935. The site would not be closed until the mid-1950s. America, and the world in general, had become a dark and bleak place to live. People were losing hope. Many families in the Great Depression…

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The relations between the primary and secondary mortgage markets are the basis of the mortgage lending process and are an essential part of our housing industry. Our mortgage markets’ structure and framework have enabled the real estate lending industry to expand to over $7 trillion in outstanding loan balances. The Primary Mortgage MarketThe primary mortgage…

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It is not news to anyone that systemic racism is an issue in the United States. What might surprise people, however, is that Artificial Intelligence (AI) technology is being used to further cement racism into our housing system. In a court case in the US District Court for the Northern District of Texas, Dallas division, one company was…

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What is a tin soldier? Once a popular toy, tin soldiers represented the symbol of bravery. No price was too high for the tin soldier, as they were willing to offer the ultimate sacrifice in defense of their compatriots. America is on the verge of losing one of its greatest tin soldiers, the Consumer Financial Protection…

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The global Pandemic is wreaking havoc on our medical systems and daily lives. Beyond the medical and societal consequences of the Pandemic, some are left wondering what will happen to the American Economy. Clearly, with markets tanking, millions of Americans laid off, and both large corporations and small businesses losing vital revenue, we can expect to see…

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The first day of April brought with it much fear and anxiety for those left without work and income due to the Coronavirus. Rent and mortgages payments are due! The only Federal Mandate that protects renters and homeowners at the moment is President Trump’s announcement that The Department of Housing and Urban Development (HUD) will…

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In early April, Congress approved a small business relief fund of $376 billion. When that amount proved inadequate, they offered an additional $310 billion. While this was a powerful gesture on the part of Congress to support the many small businesses across the country, the program itself has definitely had issues. Most notably, the program ended up funding…

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Read your new lease carefully! When you sign a new lease, you are typically giving the housing’s property management company the right to all the information you disclosed in the application process. And all the information the property manager is going to record about you while you stay in that housing. Just think about the sensitive…

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