The trillion dollar “Wall Street/ Main Street” discussion is back in the spotlight. Your action for equitable treatment is required.
Multi trillion dollar home loan giants Fannie Mae and Freddie Mac, Government Sponsored Enterprises (GSE), would be BANKRUPT and EXTINCT if not for the 2008 BAIL OUT and subsequent rescue by the US taxpayers as a response to the 2008 world financial crisis.
Talk is now increasing about removing the GSE conservatorship protection. Plenty of government and private organizations from the United States Congress to the Mortgage Bankers Association of America, the Independent Community Bankers of America to Moelis & Company are making proposals. This removal would let investor stockholders have access to possible profit gains and it would also remove financial responsibility from the taxpayer.
The Urban Financial Services Coalition (UFSC) is concerned that not only the stock investors and industry be given proper treatment, but that the communities of color that have lost trillions of dollars (CBS News June, 2013) in home ownership be given proper consideration.
The Urban Financial Services Coalition (UFSC) is concerned that not only the stock investors and industry be given proper treatment, but that the communities of color that have lost trillions of dollars (CBS News June, 2013) in home ownership be given proper consideration.
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[heading textcolor=”default” top=”10″ bottom=”10″ textalign=”text-center” size=”1″ class=””]Salute to Long-Term Greater Kansas City Chapter Leader![/heading]
Salute to Long-Term Greater Kansas City Chapter Leader!
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The Urban Financial Services Coalition (UFSC) salutes Reginald J. Smith of the Greater Kansas City Chapter for the leadership and support he provides to the local chapter and national organization. In addition to being one of the chapter’s founding and continuous members for 19 years, Reggie provides the organization with a “Week in Review” newsletter that explains U.S. economic highlights and is posted in the Resource Section of the UFSC’s national website on a weekly basis.
Read more ==>> Spotlight – Reggie Smith
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