Tagged: mortgage crisis

For Those Who Wonder Why Wall Street Remains Occupied Territory 0

For Those Who Wonder Why Wall Street Remains Occupied Territory

Ed. – – And some people wonder why Wall Street remains occupied territory.  ProPublica published the following story to explain why.  It’s a “where are they now” that trumps even the astonishing Brady Bunch: Where...

Mortgage Foreclosure Crisis Visualized 0

Mortgage Foreclosure Crisis Visualized

Not many words required . . . (although I reserve my right to comment. Sorry.) 1.  Here’s the growth of the foreclosure crisis, the demon spawn of the financial system’s brilliant inNOvation called Mortgage Backed Securities (MBS). (click...

Congressman Grayson (D) on Massive Foreclosure Fraud at MERS and Elsewhere 0

Congressman Grayson (D) on Massive Foreclosure Fraud at MERS and Elsewhere

Foreclosure’s Not So Much Fun Anymore. Congressman Alan Grayson (D-FL)[Central Florida] recently spoke of a foreclosure controversy that is crawling to the top of the news cycle.  The subject is the Mortgage Electronic Registration System...

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