Reply #14: South Carolina, too [View All]

[Adelante]

You have to wonder what state is next to connect Edwards' profiteering to foreclosures.

COLUMBIA — A subprime lender with ties to Democratic presidential hopeful John Edwards has moved to foreclose on more than 130 homes in South Carolina since the S.C. native went to work for its parent company, an analysis of courthouse records shows.

The lender, Green Tree Financial, also was once the subject of a $30 million class-action verdict involving thousands of South Carolinians.

Edwards’ ties to the company are disquieting to some supporters of the North Carolinian. On the campaign trail, Edwards has insisted he is the champion of lower-income families.

Edwards’ ties to Green Tree also could hurt him with voters in South Carolina, a state he must win if he hopes to win the 2008 Democratic nomination.

-snip

After the revelations of the Katrina-related foreclosures, Edwards said he made sure he pulled his money out of subprime lending units and promised to help those affected.

http://www.myrtlebeachonline.com/news/local/story/182578.html

I wonder if he will help those affected in South Carolina or Ohio or elsewhere as these stories keep emerging.