foreclosures


Leo Gerard's picture

The Week of Walking Backwards

By Leo Gerard
October 14, 2011

As the Occupy Wall Street movement spread across the nation last week, politicians in D.C. more »

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Richard Eskow's picture

By Not Challenging the Tea Party, the White House Makes It Stronger

By Richard (RJ) Eskow
June 16, 2011

There's reason to believe that the White House held back on helping struggling homeowners because it was afraid of a Tea Party backlash. That was exactly the wrong response, politically as well as economically. Bolder and more effective action would have weakened the anxiety and frustration driving that movement. By fearing the Tea Party, the Administration has only made it stronger. more »

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Zach Carter's picture

GAO: Bank Regulators Not Even Looking At Foreclosure Practices

By Zach Carter
November 30, 2010

A rather nauseating statement from a Government Accountability Office report on foreclosures: more »

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Zach Carter's picture

Will The Fed Withdraw Its Foreclosure Predator Bailout?

By Zach Carter
November 30, 2010

Yesterday, The New York Times ran an editorial opposing a new Federal Reserve proposal to eliminate predatory lending penalties. more »

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Zach Carter's picture

House Tries to Bail Out Foreclosure Fraudsters, Again

By Zach Carter
November 17, 2010

A month ago, President Barack Obama vetoed a bill that would have made it far more difficult for borrowers to prove that banks were engaging in foreclosure fraud. more »

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Zach Carter's picture

The Fed's New Foreclosure Predator Bailout

By Zach Carter
November 16, 2010

Despite escalating outrage over rampant foreclosure fraud, the Federal Reserve now appears ready to eviscerate a key mortgage regulation in an effort to spare banks the losses from their own wrongdoing. more »

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Zach Carter's picture

The Elephant In The Foreclosure Fraud Room: Second Liens

By Zach Carter
October 21, 2010

There’s been plenty of recent media attention to the prospect of investor lawsuits over fraudulent mortgages and mortgage securities. But investor lawsuits against mortgage servicers could be even more damaging than these other lines of legal inquiry. more »

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Zach Carter's picture

Foreclosuregate Fallout: How Bad Can It Get For Wall Street?

By Zach Carter
October 20, 2010

Foreclosure fraud is ruffling a lot of feathers on Wall Street, and while the full scope of losses remains unclear, even major banks are now acknowledging that this is a multi-billion-dollar disaster, not just a set of minor paperwork headaches. more »

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Zach Carter's picture

Banker-Run Third Way Opposes Foreclosure Moratorium On Banks

By Zach Carter
October 20, 2010

The so-called “centrists” at Third Way Foundation have come out against a national foreclosure moratorium, but like many of Third Way’s policies, there’s nothing centrist about their opposition. more »

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Zach Carter's picture

Don't Believe The Bank Lobby: Foreclosure Fraud Is Bad For Homeowners And The Economy

By Zach Carter
October 18, 2010

The bank lobby is spreading a host of silly myths about the foreclosure fraud outbreak in an effort to downplay the scandal and minimize concerns over potential bank losses that have emerged in the blogosphere. Housing Wire’s Paul Jackson spouts most of them in his post today. more »

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