The joy of redlining: Why I never lend money to Florida • LendingMemo
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· ”We had never made a commercial product of this scope,” Rice continues, as the high-tech boat pushes up the Patapsco River toward Fort McHenry, leaving much of old industrial Baltimore in its wake. “Until Kevin Plank called.” Later, the vessel turns toward Port.
Roughly half of the owners of Detroit’s 305,000 properties failed to pay their 2011 tax bills, resulting in about $246 million in taxes and fees going uncollected, nearly half of which was due to Detroit; the rest of the money would have been earmarked for Wayne County, Detroit.
The joy of redlining: Why I never lend money to Florida In the 1950s, it was common practice for banks to section off areas of their. 0 Shares 24 January 9, 2014 in Editorials
I knew a California guy in Las Vegas he ‘owned’ three condos in the building I was renting in. He had "flipped" 20+ houses and when the whole ponzie scheme fell apart in the summer of 2007 he mailed the keys into the bank who held the mortgages with 5% down on the 3 condos and walked away a multi-millionaire having won 17 times and only lost the final 3 times.
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