foreclosure

by L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute and author of…

Note from 19 Oct 2010: It has come to our attention that the substance of this post was originally penned by Gonzalo Lira, who posted it both at his site and at Zero Hedge this time last week. Initially we thought that there was some sort…

This bankruptcy attorney in the video below says he has been fighting the robo-signing issue since 2007. He also shows how the signature of certain robo-signers is "comically" different from one document to the next, indicating…

In the wake of Felix Salmon's investigative reporting on how mortgage backed securities were put together with problematic loans, an increasing amount of focus has turned to the banks' liability to investors. In the video below, Josh Rosner…

by L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute. We have long known…

Topic of the Day: Foreclosures Since we haven't really covered the foreclosure crisis here, I will use today's links to point you to some articles on the topic. Hopefully this gives you a comprehensive look into what is happening.…

Topic of the Day: Foreclosures Michael Hudson: Boiler Rooms and Foreclosure Mills: A Brief History of America's Mortgage Industry A “Gate” Worthy of the Name—”ForeclosureGate” : CJR Also see: Xenophobia in Europe Extreme…

This is probably the best dub of this scene I have seen yet. Hat tip Scott

About 30% of home sales are distressed properties. Closings and future purchase contracts on distressed properties may not take place while a foreclosure moratorium is in effect to sort out title and foreclosure issues with recent vintage…

I haven't been writing about the foreclosure documentation crisis because I have been more focused on the 'currency war'. But I want to flag  three posts I wrote about this time last year on the mortgage and securitization market…