Securitization is a complex series of financial transactions designed to maximize cash flow and reduce risk for debt originators. This is achieved when assets, receivables …
Federal Reserve Bank of New York Staff Reports In this paper, we provide an overview of the subprime mortgage securitization process and the seven key …
Wells Fargo Sues Wells Fargo? Fox News Interviews Al Lewis of Dow Jones about it… You can’t expect a bank that is dumb enough to …
Final Report and Recommendations on Residential Mortgage Foreclosure Cases TALLAHASSEE — Facing the nation’s worst foreclosure crisis, Florida Supreme Court Chief Justice Peggy Quince has …
Mortgage Fraud is a very unpopular topic. It is simply not something anybody wants to talk about at all, let alone trace the corrosive effects …
If a bank modifies a loan, the modification may result in injury to certain classes of investors. Such financially injured investors may then sue the …
In a SPIEGEL interview, London banker and lay preacher Stephen Green, group chairman of HSBC, discusses the divide between his Christian faith and the pursuit …
The Problem of Foreclosure Titles Securitized by MERS So, I was recently featured in a post by Karl Denninger, A Birdie On Possible Foreclosure Frauds …
Posted by Karl Denninger The Market Ticker I have written about “strategic defaults” many times in The Ticker, with the most recent being right here: …
This document made my brain hurt. Anyway, good info… Consumers often transact with imperfect information about the best price available for a product. Some examples …
