CDS response to bank concerns
To quantify the credit response today to the concerns with large future financial obligations for the banks in dealing with foreclosure...
Full Deposition of Tammie Lou Kapusta, Law Office of David J Stern
Full Deposition of Tammie Lou Kapusta Law Office of David J Stern
Mortgage Market Breakdown by Equity/Delinquency
Click for larger graph > Laurie Goodman and the Amherst Securities Group tries to determine the size and scope of the housing problem:...
Time for Criminal Charges To Be Filed . . .
The absurdity of illegal activity, criminal conduct, rampant fraud has reached a point where the nation much declare “No...
Lotta Stuff
Initial Jobless Claims totaled 462k, 17k above expectations and a disappointing reading after last week’s fall to a revised 449k,...
Explaining the Mechanics of the Foreclosure Mess
Yves Smith on Foreclosure Fraud: > click for video You can view the segment here.
Black: Paulson “Waited” to Allow Goldman Subprime...
You may have missed this hard hitting McClatchy article over the weekend. It essentially accuses then Treasury Secretary (and former...
Did Paulson Crash the Economy for GS Benefit?
While Paulson dawdled, GS sold off $30B in subprime, and then went short subprime: click for Video
Wells Fargo Home Seizure Problems
FT.com: “Legal documents obtained by the Financial Times suggest that Wells Fargo, the second-largest US mortgage servicer, also...
Foreclosure Fraud Linkfest
We have been covering the systemic Foreclosure fraud that has gone viral through out the US banking system over the past few days, months...