iOS app Android app

American Securitization Forum

Richmond, California Defies Wall Street to Help Homeowners

Peter Dreier | Posted 11.11.2013 | Business
Peter Dreier

About 300 residents packed the six hour long meeting -- held at the Richmond Memorial Auditorium instead of the City Council chambers -- to discuss the city's plan to help families whose home values have plummeted through no fault of their own.

To Rescue Local Economies, Cities Seize Underwater Mortgages Through Eminent Domain

Peter Dreier | Posted 09.17.2013 | Politics
Peter Dreier

In almost every part of the country, entire neighborhoods -- and in some cases, whole cities -- are underwater. They are not victims of natural disasters like Hurricanes Katrina and Sandy. They are drowning in debt, victims of Wall Street's reckless and predatory lending practices.

What to Learn From Florida's Mortgage Meltdown

Mark Sunshine | Posted 05.25.2011 | Business
Mark Sunshine

What is happening in the Sunshine State could spread. And if it does, the financial markets will face another round of intense pressure that could be even tougher to contain than before.

Shahien Nasiripour

Money Manager Says Interest Rate Worries Are Unfounded | Shahien Nasiripour | Posted 05.25.2011 | Business

As the Federal Reserve's trillion-dollar intervention to prop up the housing market comes to an end, the Obama administration and others have focused ...

Shahien Nasiripour

Sign Of The Times: Wall Street Group Moves Conference From Vegas to D.C. | Shahien Nasiripour | Posted 05.25.2011 | Business

So long gambling, hello lobbying. In yet another sign of how important Washington has become to the financial industry, one of Wall Street's top trad...