Treasury and Obama are facing huge financial pressure. Economic Hitmen Nomi Prins Alternet At first, there was a deafening silence from Treasury Secretary Tim Geithner…
Dees Illustration Bloomberg More than 100,000 U.S. homes were seized by lenders in September, a record number that probably will decline in coming months as…
foreclosure blues The Economic Collapse The foreclosure fraud crisis seems to escalate with each passing now. It is being reported that all 50 U.S. states…
Financial Overhaul Has Affected Structure but Not Level; Revenue-to-Compensation Ratio Stays Flat Liz Rappaport, Aaron Lucchetti, and Steven Grocer Wall Street Journal Pay on Wall…
Dees Illustration The Economic Collapse If you work in the mortgage industry or for a title insurer, you might not want to make any plans…
Mark Glover Sacramento Bee They came by the thousands, transforming normally festive Cal Expo into a venue emblematic of California’s nightmarish housing meltdown. An estimated 10,000 people were in…
Dees Illustration Zachary A. Goldfarb The Washington Post Consumer advocates and lawyers warned federal officials in recent years that the U.S. foreclosure system was designed…
Foreclosureblues.wordpress.com Associated Press WASHINGTON (AP) — Bank of America on Friday halted foreclosures on homes across the country so it could review paperwork in tens…
Dylan Ratigan Huffington Post Most mortgages in America are now backed by our government. And in order for a bank to get that backing from…
Dees Illustrations Scot J. Paltrow Reuters A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage…
Washington’s Blog Congressman Alan Grayson’s office sent me the following statement by the Congressman on the rampant foreclosure fraud, and the unlawful breaking and entering…
Dees Illustration Huffington Post In their zeal to complete foreclosure proceedings, some banks send representatives to change the locks on properties in foreclosure, even as…
Damon Vrabel Lew Rockwell The “War on Terror” has become the most successful military diversion in history, having lasted twice as long as WWII so…
Ellen H. Brown Web of Debt “Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them…