Chain of Title Podcast: David Dayen on The Background Report

Chain of Title Podcast: David Dayen on The Background Report Click on the above image to listen. Neal Barton did one of the more fun interviews with David Dayen about Chain of Title, where he got into some stuff in the book that he hasn’t talked about a lot. Chain of Title completists, check it … Read more

Wells Fargo Apologizes After “Accidentally” Foreclosing Hundreds Of Homes

Another day, another ‘apology’ for screwing up from Wells Fargo. Six months after the Fed Slammed Wells Fargo with unprecedented sanctions – no more total asset growth until it cleans up its act – because of a pattern of consumer abuses and other lapses, that list grew over the weekend when the firm said it … Read more

WSJ: The Stealth Pension Mortgage on Your House

The Stealth Pension Mortgage on Your House Real estate is the ultimate collateral for unfunded state public employee retirement obligations. Most cities, counties and states have committed taxpayers to significant future unfunded spending. This mostly takes the form of pension and postretirement health-care obligations for public employees, a burden that averages $75,000 per household but … Read more