If it also represents personal net worth, it's a lawsuit risk unless you know how to properly shield it insofar as the law allows.Banks use debt earn to billions of dollars in profit.

(I personally helped close one bank my first year on the job – a $10 Billion Institution w/ ~$2B in govt/FDIC losses by public estimates).

The argument will be that the venture capital company is looking to acquire good value notes at discount prices (which is why they are going after the notes where the borrower can actually pay) and are simply going to give a kickback to the city based on the profit.Also, I think if one note gets seized, I can see every bank in CA banding together to fund the defense regardless of how small the mortgage holder is -- this is potentially billions of dollars of loss to the banks, they will throw millions of dollars at making sure it does not happen and I bet the venture capital group that is pressing this is not going to fund the city's defense.

How is that different than all these other politicians who just took billions from us and gave it to banks and auto companies who donate heavily to the politicians campaigns.

We’ve been throwing so many billions of dollars around that people are numb.

Acorn - the same ACORN that committed voter fraud - got 4.19 Billion of the stimulus money and is using that bailout money for national redistricting for the next election.

says the tourist - "You should scale this up, you could be fishing many hours more and sell the excess fish and make a bunch of money, then take that money and scale up, buy a fleet of fishing boats, hire workers, and make a billion dollars!"

In the last decade alone, the SBA has helped more than 435,000 businesses with nearly $95 billion in financing.

May 2017Single-family home sales rose 11.5 percent year-over-year with 8,156 units sold;Total property sales increased 12.3 percent with 9,744 units sold;Total dollar volume jumped 17.4 percent to $2.8 billion;The single-family home median price rose 4.4 percent to a record high of $235,000;The single-family home average price climbed 4.3 percent to $302,362, which was the second highest level of all time (highest was $302,629 in June 2015);Single-family homes months of inventory grew to a 4.1-months supply, the highest level since November 2012;Townhome/condominium sales surged 16.5 percent, with the average price up 3.1 percent to $206,363 and the median price up 0.9 percent to $163,500;Leases of single-family homes soared 31.0 percent with average rent down 4.2 percent to $1,779;Volume of townhome/condominium leases rocketed 46.2 percent with average rent down 6.7 percent to $1,565.

Shares of a real estate investment trust (REIT) operated by United Development Funding crashed more than 30% after Bass unleashed his campaign, which accused UDF of orchestrating a $1 billion “Ponzi-like scheme.”