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Are banks too big to jail?
From Salon.com
Wednesday, Jan 23, 2013 10:09 AM PST
PBS Frontline's stunning report shows how the Obama administration undermined the rule of law
By David Sirota
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The U.S. Housing Crisis: Where are home loans underwater?
With U.S. home values falling by nearly 25% since peak in 2007, many homeowners are now underwater in their mortgages, meaning they owe more than their home is worth. Search our interactive map to discover what percentage of homes in your county or ZIP code are in negative equity, based on Zillow's first quarter 2012 data.
existing home sales, societal breakdown, credit default swaps, the |_____ club, derivatives, subprime, global financial trainwreck of 2007-?, foreclosures, 52 week lows, mortgage delinquency rates, real estate bubble, anatomy of a meltdown, economic collapse, loan defaults, 'capitalism', 50 state slump, home prices, appraisalsIn 2007, the top 1% owned 50% of all investment assets; the bottom 90% owned 73% of all debt
by Gaius Publius on 6/08/2011 01:30:00 PM
As a follow-up to this post about the creditor class and the debtor class, we find this interesting data (h/t Paul Krugman). It's part of a Table 9 from Edward Wolff's Levy Institute paper, Recent Trends in Household Wealth (pdf); to see the whole table with notes, click the link and go to ( Read more... )Nationwide Title goes on attack against vocal critics
From tampabay.comBy Susan Taylor Martin, Times Senior Correspondent ( Read more... )Bank of America halts foreclosures in states that regulate the process
by Chris in Paris on 10/02/2010 02:15:00 PM
It's shocking what happens when banks are required to provide basic information to the courts instead of simply pulling demands out of thin air. Maybe most of the houses will be foreclosed though it's only fair for consumers that the banks are being forced to provide proof that they ( Read more... )Florida’s High-Speed Answer to a Foreclosure Mess
From The NYTSeptember 4, 2010 ( Read more... )FTC Urges States To Rein In Frivolous Debt-Collection Lawsuits Overwhelming Courts
Throughout the financial crisis and deepening recession, debt collectors have been harassing Americans, often under false pretenses, in order to scare up a quick buck. Frivolous debt-collection lawsuits have now become so pernicious and prevalent that they're drowning the court system, leading the Federal Trade Commission to call Monday ( Read more... )Austin Meeting of CRE Experts: "Does Anyone Speak Japanese?"
The Orange County Register
Real estate creating double-dip recession?
A panel of commercial real estate experts predicted a “double dip” recession triggered by growing defaults of commercial loans.
The experts were speakers at the National Association of Real Estate Editors conference in Austin, Texas, this week’s gathering of real estate news ( Read more... )Owners Stop Paying Mortgages, and Stop Fretting
From The NYTMay 31, 2010 ( Read more... )
