Posted 7 years ago on April 17, 2014, 10:22 p.m. EST by DebtNEUTRALITYpetition
This content is user submitted and not an official statement
HELOC's (Home Equity Line of Credit) are coming due and homeowners who are Equity rich but liquid poor may be losing their homes even though they have plenty of wealth in their homes and pose no risk to the banks with a RE-HELOC.
That seems odd, the banks seem less interested in deals that have less risk of foreclosure while wall street seems more interested in deals that have more risk to others but they win no matter what happens.
The article link also takes you to the Occupy Blog that I created 2 and 1/2 years ago that used the RSS feeds of around 175 Occupy blogs so that Occupiers from around the world could keep in touch with each other more easily, and more quickly.