Episode 97 • • 33:02 - 35:55
97: Brain Damage
Homeowner Hope Program, Lend America Investigation, Loan Failure
A Forbes report reveals that the government's "Homeowner Hope" program has only facilitated 51 loans despite hundreds of millions in funding. Of those 51 loans, 50 were made by a single company, Lend America, and are currently under federal investigation. The hosts characterize the program as a massive failure.