Explaining the Housing Bubble – A Georgetown University Law Center Paper

Explaining the Housing Bubble Adam J. Levitin Georgetown University Law Center Susan M. Wachter University of Pennsylvania – The Wharton School – Real Estate Department August 31, 2010 Georgetown Law and Economics Research Paper No. 1669401 Georgetown Public Law Research Paper No. 1669401 U of Penn, Inst for Law & Econ Research Paper Forthcoming Abstract: … Read more

Freddie Mac / Bank of America / Taylor Bean Whitaker – IMPORTANT INFO & STATEMENT REGARDING ASSIGNMENTS… TRANSFERS… NOTE OWNERSHIP!!!

“Indeed, it appears as though many loans and other mortgage-related assets have been double and even triple-pledged to various constituencies“ In my 1999 21st Century Loan Sharks Report, I coined and defined the term “Predatory Mortgage Securitization” (see http://en.wikipedia.org/wiki/Predatory_mortgage_securitization)  in my report from MY PERSONAL RESEARCH AND ANALYSIS I DEFINED SOME THE FOLLOWING PRACTICES THAT DEFINED … Read more

Ding Ding Ding – Freddie Mac vs Bank of America – $10 Million Dollar Purse

Let’s Get Ready to Rumble!!! National Mortgage News Freddie in Uproar Over B of A Probe Tied to TBW Freddie Mac is trying to prevent Bank of America from investigating its business relationship with the failed Taylor Bean & Whitaker, noting that the cost of the probe could cost the GSE $10 million or more. … Read more

Palm Beach County’s Financial Report – 77% of Portfolio Invested in GSE’s / MBS’ / CMO’s?

If there are any accountants out there, please tell me I am interpreting this incorrectly… So I was looking into how bad this Foreclosure Crisis is and decided to take a look at one of the local County’s financial records and now I wished I didn’t… According to the Palm Beach County’s 2009 Comprehensive Annual … Read more