Weapons. Interpol has issued a search for a woman. They are linking her to a plot to bomb resorts in kenya in 2011, and there are two revelations about detroits financial crisis, and what could have contributed to their financial problems. Workers may have been overpaid for years. Those are the headlines. Up next, real money with ali velshi. The dream of owning your own home is becoming just that and no more for millions of americans. Ill tell you why minnenals are becoming a generation of renters. And many people will still not have insurance under obama, because of the Supreme Court. Im ali velshi. This is real money. This is real money. You are the most important part of the show, so join our live conversation for the next half hour by using that hashtag on twitter. To many people owning a home is the American Dream. But for 28 of americans who are in the market to buy a home, that dream may be unattainable, because they are not likely to qualify for a mortgage. According to a new s
To many people owning a home is the American Dream. But for 28 of americans who are in the market to buy a home, that dream may be unattainable, because they are not likely to qualify for a mortgage. According to a new study, 28. 4 of people who have applied or looked for a loan have a credit score of 620 or lower. 620 is the cutoff point. Tightening lending standards combined with short sales and foreclosure has brought Home Ownership down to 65 . Thats the lowest rate of homeownership since 1995. But the last few years of turmoil should have taught us something. That owning a home is for most people hundreds of thousands of dollars of debt. For Many Americans its their primary tool for building wealth. But tell that to those who are still under water on their home loans. Owning a home has turned into an american nightmare for them. Sure the housing crisis was fuelled by aggressive Real Estate Agents and greedy lenders, and home buyers eager to borrow more than they can chew. Renting
To many people owning a home is the American Dream. But for 28 of americans who are in the market to buy a home, that dream may be unattainable, because they are not likely to qualify for a mortgage. According to a new study, 28. 4 of people who have applied or looked for a loan have a credit score of 620 or lower. 620 is the cutoff point. Tightening lending standards combined with short sales and foreclosure has brought Home Ownership down to 65 . Thats the lowest rate of homeownership since 1995. But the last few years of turmoil should have taught us something. That owning a home is for most people hundreds of thousands of dollars of debt. For Many Americans its their primary tool for building wealth. But tell that to those who are still under water on their home loans. Owning a home has turned into an american nightmare for them. Sure the housing crisis was fuelled by aggressive Real Estate Agents and greedy lenders, and home buyers eager to borrow more than they can chew. Renting
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