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Securitized Mortgages

The $7 Trillion Question That Haunts Banks

L. Randall Wray | Posted 05.16.2012 | Business
L. Randall Wray

The banksters have no legal claim on the homes they are foreclosing. Foreclosure is theft. Any bank that used MERS has no legal claim on property -- there are 65 million such mortgages to which no bank has a legal claim to foreclose.

Homeowners: The Courtroom is Your Battlefield

Iris Martin | Posted 05.25.2011 | Politics
Iris Martin

The opportunity for a complete transformation of the global financial services industry is upon us. And the halting of recent foreclosures due to sloppy paperwork is just the tip of the iceberg.

Commercial Real Estate: Why Hasn't It Crashed? | Heidi N. Moore | Posted 05.25.2011 | Business

Oddly, however, there is one sector that has been outrunning the reaper since 2007, and it's the last place you'd expect to have survived so long: com...

Shahien Nasiripour

Securitization Is Back! Investor-Owned Mortgages Have High Re-Default Rates, Says Report | Shahien Nasiripour | Posted 05.25.2011 | Business

The securitization of mortgage loans has been blamed for helping cause the financial crisis -- and now it seems to be complicating recovery efforts. ...