Andrea Christina Nill: Immigrant and civil rights activists have long claimed that the program leaves all brown-skinned residents vulnerable to racial profiling and other civil rights abuses, regardless of their immigration status. The inspector general’s assessment largely concurs with observations made by groups on the ground and goes further in pointing out that the program is inefficiently administered and failing to meet its goals
The $75 billion federal program designed to bribe banks to modify mortgages has been a bust. No one knows the exact number of mortgages that have been modified (that will be reported next month) but housing experts I’ve talked with say it’s a tiny fraction of the number of homeowners in trouble. Seems that the big banks can’t be bothered.