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University of Southern California

Bedrosian Center

An applied research center at the USC Price School of Public Policy

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housing market collapse

Cities can sue banks for predatory mortgage lending

by Bedrosian CenterMay 2, 2017

On KPCC’s Take Two: The housing market collapsed in back in 2008, and many families here in Southern California saw their own homes collapse with it. They were drowning because of risky mortgages peddled to them by some banks. But just yesterday, the U.S. Supreme Court ruled that cities like L.A. can go ahead and…

Tagged 2008, banks, housing market collapse, lawsuit, predatory lending, Richard Green

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USC Price - Sol Price School of Public Policy

The Judith and John Bedrosian Center on Governance and the Public Enterprise

Sol Price School of Public Policy
University of Southern California
Ralph and Goldy Lewis Hall 201E
Los Angeles, CA 90089-0626

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