Obama Mortgage Crisis

America's Shadow Banking System: A Web of Financial Fraud

Ellen Brown | Posted 04.09.2012

Ellen Brown

Investigation is needed into not just whether massive robo-signing occurred but why it was being done. The alleged justification -- that the bankers were so busy that they cut corners -- hardly seems credible given the extent of the practice.

Sam Stein

Obama Administration And Banks Near Deal On Mortgage Fraud Legal Liability

HuffingtonPost.com | Sam Stein | Posted 01.28.2012

WASHINGTON -- The Obama administration, state attorneys general, and, perhaps, the nation's largest banks are close to a final settlement on the years...

Peter S. Goodman

Obama Foreclosure Relief: Even 'Success' Is Hellish

HuffingtonPost.com | Peter S. Goodman | Posted 05.25.2011

Never had Debra Town missed making a payment, she says. But when she lost her job as an accountant in December 2008, in the midst of the worst stretch...

Mortgage Principal Reduction: Why "Re-Equifying" Borrowers Could Exacerbate The Mortgage Mess

WSJ | James R. Hagerty | Posted 05.25.2011

Many critics of the Obama administration's mortgage loan-modification program say it won't work because it doesn't do enough to address "negative equi...

Preventing Foreclosure: Government Incentives For Homeowners

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011

WASHINGTON -- The Obama administration on Wednesday began the most ambitious effort since the 1930s to help troubled homeowners, offering lenders and ...

Seth Colter Walls

Congressional Republicans Have No Opinion On McCain Mortgage Plan

HuffingtonPost.com | Seth Colter Walls | Posted 05.25.2011

How seriously are Republican members of Congress treating John McCain's new $300 billion proposal for the government to buy up troubled mortgages? On...

Seth Colter Walls

In Debate, McCain Touted Mortgage Plan Already Proposed By Obama

HuffingtonPost.com | Seth Colter Walls | Posted 05.25.2011

It was the first question of the evening: how to turn the economy around and help those ensnared in the housing crisis. And in John McCain's first ans...

Top Obama Fundraiser Helped Run Failed Subprime Lender

WSJ | Posted 05.25.2011

For the Pritzker family of Chicago, the 2001 collapse of subprime-mortgage lender Superior Bank was an embarrassing failure in a corner of their giant...

Democrats Challenge GOP on Mortgage Mess

Peter Dreier | Posted 05.25.2011

Peter Dreier

Overlay a home foreclosures map onto a map of districts where Republicans voted "no" last week on Barney Frank's assistance bill, and you get a list of vulnerable GOP incumbents nationwide.