If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
The Blog
A troubling truth about today's white collar crime wave is that wherever there is a complicated fraud, there is usually a lawyer helping make it happe...
Rather than calling for a foreclosure moratorium, which is an overly-broad solution that creates a cascade of other problems, the government should address these mismatched incentives to servicers and how they can be realigned.
Given the current robosigning, document-backdating foreclosure crisis, it's worth thinking about what happens when fraud and recklessness go unchecked. Here it is in the words of Wall Street's finest.
The "too big to fail" doctrine has always been unproven, dangerous, and counter to the law. An institution that is not permitted to fail or be resolved by the government faces obvious adverse incentive problems.
If the government does not hold the fraudulent CEOs responsible, who is supposed to stop the epidemic of elite financial fraud? The Obama administration's answer is the fraudulent CEOs themselves. You can't make this stuff up.
New Data Show That Vacant, Foreclosed Properties Are a Rising Concern for Chicago Region Communities
In the first three quarters of 2010, more than 25,000 homes in the Chicago region completed the foreclosure process and were repossessed by the lender.
The courts in New York State instituted a new rule yesterday that would require bank lawyers to ensure that their clients' filings in foreclosure case...
Have you ever played Monopoly with a person who did not play by the rules even if you did? They passed go, collected their payday and never got the go...
JPMorgan Chase loves using its research department to push its agenda that puts them in the optimist camp. But take a look at their methodology. The scope of losses gets drastically larger if you change a few arbitrary assumptions.
A foreclosure moratorium may seem like serious medicine: but the patient is sick, and her long-term prospects require a heavy dose of that medicine to bring her back to health.
Weekly Audit: Foreclosuregate Hits Homeby Lindsay Beyerstein, Media Consortium blogger Earlier this month, Bank of America (BOA), the country's larges...
Ohio's been written about as one of the hardest hit by the foreclosure crisis  - from the Wall Street Journal to USA Today and the New York Times. ...
The notion that many of the very same institutions that helped cause the current housing crisis may well be making it worse is not only frustrating -- it's shameful.
[OK, that was rather a fun title to write, but I have to at least begin with a warning that, while today's column is almost completely Obama-centric i...
If the Dodd-Frank was designed to prevent future disasters from occurring, it should have taken a look at income inequality as one of the causes of the crisis.
One year ago, homeowners from California, Missouri and Massachusetts marched into the U.S. Treasury and handed officials a foot-high stack of documents from 150 families trying to save their homes.
