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The Emperor Has No Clothes

Ted Kaufman | Posted 01.02.2012 | Politics
Ted Kaufman

If we look back on the Fall of 2011 a few years from now, I suspect we may trace the beginnings of real reform from two events that occurred last week with little fanfare.

Judge's Decision Could Affect Half Of All U.S. Mortgages

Thom Weidlich | Posted 05.25.2011 | Business

NEW YORK -- A company that tracks roughly half of all U.S. home loans has no right to transfer mortgages, a ruling that could significantly affect the...

Pictures of MERS, Part 1: Corporate Documents Illustrate the Mortgage Shell Game

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

At the center of the foreclosure fraud crisis lies something called "MERS," which is usually described in news reports as a computer system and database. But if you do some digging, you find it's much more than that.