States Attorneys General need to be less concerned with investments based on RMBS and more focused on orderly cramdown mortgages with good faith mortgage modifications.
Mortgage and Foreclosure Wrongdoing: AGs’ Road Map – How Mortgage Servicing Companies are Ripping off Pension Funds |
| By: Cynthia Kouril Monday September 27, 2010 4:17 pm |
17 Comments
How to Synthesize a Massive Mortgage Market Meltdown |
| By: alank Monday April 19, 2010 8:53 am |
It’s pretty simple really with the right kind of fissile material.
Financial reform: It’s the Derivatives, Stupid. |
| By: Leo W. Gerard Thursday March 18, 2010 5:39 pm |
Fussing about whether U.S. Sen. Chris Dodd’s financial reform legislation contains an independent Consumer Financial Protection Agency is like worrying about whether you’ll lose your tool shed as a conflagration consumes your home. Preserving the economy requires limiting, regulating and exposing derivative trading. That’s because derivatives – those credit default swaps – took down Wall Street — not consumer loans.
Weekly Audit: Ending the Economic Status Quo |
| By: TheMediaConsortium Tuesday June 9, 2009 6:41 am |
The banking lobby still holds enough sway inside the Beltway to torpedo sensible consumer protection rules, even after releasing a flood of predatory mortgages that kicked off the current economic crisis.
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