Moses’s case exposed other problems reminiscent of the days of mortgage mania. The income reported on her loan application was bogus, three times the actual amount. And dubious fees meant that she was charged $22,000 for a $15,000 car. A jury recently awarded Moses $400,000, concluding the dealer committed fraud. The dealership didn’t appeal and hasn’t responded to requests for comment.
La la la, everything is fine, Detroit recovered.
