In his latest all out seriously spot on rant, Mandelman brings us the most recent and most recently uncovered crimes in the long list of criminal acts as yet going unpunished in the United States mortgage fraud scandal. That scandal which has devastated our economy, destroyed our housing market and left vast numbers of families [...]
Archive for the ‘#1 Need to Know: From the Front Lines In the Banking/Mortgage Meltdown’ Category
Yves Smith Takes Apart Obama’s Spin on Banking Crisis Solution
24
Jan
In an excellent piece published over at Common Dreams, Ms. Smith lays it out in plain English for anyone to see. The federal government is aiding and abetting the banks in continued fraud and thievery while preventing and avoiding any way for a direct and honest legal response to their crimes. Once more, settlement pacts [...]
New Legal Ground: Solving the Local Foreclosure Fraud Crisis Locally
19
Jan
This article addresses what are now finally becoming more well known facts about the depth of the fraud and scandal surrounding the mortgage industry and its securitized mortgage products of the last decade. Occupy The Neighborhood: How Counties can use Landbanks and Emminent Domain In the middle of the story, we get a chance to [...]
Psychopathic Bankers, The Story Expands: Bloomberg and Washington’s Blog
04
Jan
We were very delighted to see this latest post over at Washington’s Blog on the Psychopathy of bankers and others in our currently run amok global financial disaster – nice to see the word is getting around. As we wrote in November, 2011: Corporate Psychopathy: The Root of the Global Financial Crisis? 21 Nov We’ve [...]
More from Washington’s Blog: 2011 Catch 22 Year in Review
31
Dec
As we roll out of 2011 and into 2012 we turn once more to Washington’s Blof for their clear unbiased and direct writing on the facts and take a look back and then forward. The pundits get paid millions to lie about the year ahead while never looking back to admit they’ve done the same [...]
Washington’s Blog: TBTF Banks Insane Leverage Caused Crisis NOT Deadbeat Borrowers
30
Dec
As ever, Washington’s blog comes through with some real clarity on the financial crisis caused by the TBTF banks – yes – it’s not a housing crisis – it’s not a borrower’s crisis – it’s not the peoples’ crisis – it’s the direct result of TBTF INSANE LEVERAGE. Insane Levels of Leverage by the Too [...]
Following the Money: Regis Sauger on The Mortgage Securitization Path, Real Property Title and Fraudulent Foreclosures
27
Dec
This video may seem less than excellently produced – may seem ‘small timey’ or even amateurish; but for those who can track and follow the information in it, it provides some of the most important keys to understanding how the mortgage fraud and now foreclosure frauds, all took place – and all the details and [...]
ZeroHedge: Why The UK Trail Of The MF Global Collapse May Have “Apocalyptic” Consequences For The Eurozone, Canadian Banks, Jefferies And Everyone Else
08
Dec
If you ever needed to understand what the ‘shadow banking’ system meant, this article should make it very clear. It should also make it clear the entire financial system of the world is now over leveraged to a degree that only one quarter of the liabilities in the system are backed by any collateral. This [...]
Foreclosure Shockwave From BofAML’s Michelle Meyer: After 6 Million Foreclosures, We Still Have 8 Million More To Go
05
Dec
As Business Insider Reports, “Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news:” [...] “The most crucial input to our forecast for construction and home prices is our assumption for foreclosures. Our securitized products research team estimates another eight million homes will be liquidated over the next four years, which adds to [...]
First Serious Criminal Investigation into Foreclosure: Foreclosure Fraud Whistleblower Found Dead
04
Dec
In an eerie twist, the story of the first serious criminal investigation into the massive foreclosure fraud scandal in the US has somehow resulted in the death of the whistleblower in Nevada who had stepped forward as a notary signing documents in the ‘robosigning’ scheme. This report comes from EndTheLie.com The complete story is available [...]
