Temporary Reprieve From Tax Auction Doesn’t Solve Underlying Problem As I wrote about last October, Detroit was facing a tax foreclosure epidemic this fall with nearly 62,000 properties heading to tax foreclosure due mostly to deadbeat or absentee landlords not paying property taxes. These landlords would have forced nearly 100,000 people into homelessness. It […]
Wayne State Grad Tells It Like It In The Game of Loans This Wayne State University graduate in Detroit deserves a round of applause. She not only a good Game of Thrones joke but she made a statement about the crushing problem of student loans facing today’s college graduates. A photo of a woman who decorated her graduation […]
Quicken Loans Faces Losing Billions Of Dollars If Found Liable Under False Claims Act Detroit-based Quicken Loans has been sued by the DOJ today under the False Claims Act. The DOJ alleges that Quicken bullied appraisers to receive higher values for applicants. They also allege underwriting managers encouraged underwriters to “fudge” the incomes of hundreds […]
MFI-Miami Articles About Dan Gilbert Featured The Voice Of Detroit Voice of Detroit Editor Diane Bukowski posted an article on Friday that discussed MFI-Miami articles. The articles were written over the past two weeks about Dan Gilbert. The first article focused on an MFI-Miami article that showed 70.6% of mortgages originated by Quicken Loans in […]
You Can’t Go Anywhere In Downtown Detroit Without Dan Gilbert Watching You Since Dan Gilbert strong-armed former Michigan Governor Jennifer Granholm and the City of Detroit to cough up to $200 million in tax incentives by threatening to move Quicken and all his companies to Cleveland if Dan Gilbert didn’t get a tax incentive to move […]
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