subprime mortgage crisis

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Latest blogosphere posts tagged “subprime mortgage crisis”

 

• NY AG Sues BofA, Wells Fargo, JPMorgan Chase over Mortgage Fraud

  
  JD Journal — Authority: 584
  New York Attorney General Eric Schneiderman has filed a suit against Bank of America, JP Morgan Chase and Wells Fargo over their abuse of a private database, MERS, in handling mortgages. The suit claims that this led to several wrongful foreclosures.   By filing this lawsuit, Schneiderman has made it pretty clear ...
  5 days ago

• So much for Obama’s new housing refinance plan

  
  And, yes, I DO take it personally — Authority: 115
  mike whitney writing in counterpunch via information clearing house ... The truth is the banks want to offload their garbage mortgages onto Uncle Sam to avoid hundreds of billions of dollars in losses. That’s what this refi-ruse is really all about. The administration estimates that 3.5 million people with ...
  6 days ago

• Editorial: Bankers Keep Fighting Back

  
  NYT > Theater — Authority: 862
  Telling financial institutions to set aside a larger capital cushion is the best way to avoid another meltdown.
  1 week ago

• DealBook: 3 Ex-Traders at Credit Suisse Charged With Fraud

  
  NYT > Theater — Authority: 862
  Federal prosecutors accused three former Credit Suisse traders of inflating the value of mortgage bonds in 2007 just as the housing market was deteriorating.
  1 week ago

• New Housing Task Force Takes Aim at Wall St.

  
  heave-ho.org — Authority: 449
  A new federal task force looking into fraud related to the housing crisis will begin by looking at big banks and investment firms on Wall Street.
  2 weeks ago

• In Florida, Facing the Political Implications of Housing Crisis

  
  heave-ho.org — Authority: 449
  With the next Republican primary in a state hard hit by the collapse of the housing bubble, free-market instincts collide with voters’ desperation.
  2 weeks ago

• Optimism and false hope

  
  OUPblog — Authority: 525
  By Hanna Oldsman Editorial Assistant In Voltaire’s Candide , the title character wanders through a life of brutal executions and natural disasters and angry mobs, and yet believes that he lives in the best of all possible worlds. When I think of misguided optimism, I think of those who are disinclined to do ...
  3 weeks ago

• Foreclosure Auctions Show Raw Form of Capitalism

  
  NYT > Theater — Authority: 862
  Hundreds of foreclosed properties are auctioned each week in front of the Maricopa County courthouse in Phoenix.
  3 weeks ago

• At Bank of America, the Image Officer Has a Lot to Fix

  
  NYT > Theater — Authority: 862
  Though technically not a banker, Anne M. Finucane of Bank of America is one of its industrys most powerful figures.
  3 weeks ago

• Inside the Fed in 2006: A Coming Crisis, and Banter

  
  NYT > Theater — Authority: 862
  A Federal Open Market Committee meeting on March 28, 2006.
  4 weeks ago

• Federal Reserve Wake up Call! Finally looking out for the little guy

  
  Attorney Roy Oppenheim's South Florida Law Blog on Real Estate, Foreclosure and Short Sale News — Authority: 104
  via Freshome and Mashable Finally!!!It’s a word that is being bantered about the hallways of Oppenheim Law all too often these days, and thanks to the Fed’s recent comments on the foreclosure crisis, it’s been thrown around at rapid-fire pace these last few days. Through a 26-page white paper which ...
  4 weeks ago

• Fed Returns $77 Billion in Profits to Treasury

  
  NYT > Theater — Authority: 862
  The Federal Reserve said it transferred $76.9 billion in profits to the Treasury Department last year, slightly less than its 2010 transfer but much more than in any other previous year.
  4 weeks ago

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