Madison Avenue made the mortgage mess »
By Cathy Moran, California Bankruptcy Attorney on May 9, 2008 in Uncategorized | 0 Comments
The change in thinking about homes from shelter to investment that Gene Melchionne pointed out was promoted by the marketing of financial products: unlock the equity in your home; put your home’s equity to work, screamed the ads.
Now, that equity wasn’t harming anyone, sitting there idle. In fact, as we see too vividly today, it [...]

