[Slapshot68]

Who didn’t see this coming?

[EagleUSA]

These liberal governments will DO ANYTHING for money.

[Las Vegas Dave]

Ohio Ping!

[bill1952]

Morons.

This won't work but it will have the effect of driving away future lenders.

[the_devils_advocate_666]

More of your tax dollars going to lawyers... BRILLIANT!

[barryg]

The banks get sued for NOT lending to the Inner City, and now they get sued FOR lending to the Inner City and not getting paid back.

Liberals are evil.

[businessprofessor]

First we had the tobacco lawsuits. Then guns. Now mortgages. It will not be long for other municipalities to smell the dollars. These lawsuits will provide cover for the rats to nationalize the mortgage industry. The industry will no longer loan to these communities so the rats will happily fulfill the void. I am sure that the rats will be happy to provide below market, subsidized loans to their loyal constituents.

[the_devils_advocate_666]

So how many quadrillion dollars are the suing for?

[traditional1]

And when un-qualified city of Cleveland losers wanted loans, banks were accused of "red-lining" and "discrimination" if they didn't loan to minorities....

This is PATHETIC, and for all us taxpayers to pay the mortgages of losers who couldn't afford a house no-way/no-how is just part of the socialist wealth-redistribution we've come to know.

The city of Cleveland is a cesspool of crime, welfare 3rd generations, and city Union thugs.....there is no 'redeeming social value' in the City whatsoever....it's a DUMP.

[madison10]

Suing the banks is going to fix the situation I’m sure. /sarc

[NonValueAdded]

Can’t let that tax revenue get loose.

[P8riot]

Didn’t the city of Cleveland itself have to be bailed out by the feds about 30 yrs ago?

[MarkT]

And just what is his standing? This is just another political whore trying to cash in on someone else’s bad judgment - most of the affected people were either speculators or people who should not have been able to purchase in the first place. Those wannabe homeowners are why God invented trailer parks.

[Poison Pill]

Gov’t actions cause me to lose revenue all the time. Can I sue too?

[groanup]

There are signs of recession on the horizon. This is the kind of thing that will guarantee one. No one will lend money on houses if they assume the law will be changed ex post facto, or that they will be subject to litigation if their borrowers don't pay them back.

Bank of America may have just bought a 4 billion dollar desk full of paper clips.

[3niner]

If they succeed in this, the mortgage companies will "red-line" the entire city of Cleveland. I wonder what effect that will have on the real estate market there.

[patj]

What “housing boom”? Where was that? When was that?

[Lorianne]

First Baltimore, and now Cleveland ...

http://freerepublic.com/focus/f-news/1951497/posts

Who’s next?