Mortgages

Another Slap on the Wrist for a Company That Abused Homeowners
December 20, 2013

Mortgage servicing company Ocwen doesn't even have to admit it did anything wrong.

JPMorgan's $13B Penalty Could Be A Huge Blow to Struggling Homeowners
October 29, 2013

JP Morgan gets to write off its $13 bill fine. Thanks to Congress, homeowners don't get to write off the help it provides.

Obama's Plan for Fannie and Freddie Just Repeats Old Mistakes
A Home for Every American Family? No!
August 07, 2013

President Obama's plan for Fannie and Freddie just repeats old mistakes.

Eric Holder Thinks 'Real Housewives' Commit Mortgage Fraud–But Not Bank CEOs
July 30, 2013

The unstated purpose of reality television is for viewers to feel superior to the poor saps on screen.

Unnatural Disaster
How mortgage servicers are strong-arming the victims of the Moore, Oklahoma tornado (among others)
June 17, 2013

On May 20, a massive EF5 tornado whipped through heavily populated Moore, Oklahoma, killing 24 and injuring nearly 400. That tragedy has now shifted into the drudgery of recovery.

Fannie and Freddie Are Stronger Than Ever
The reviled companies are the only players in the secondary mortgage market
April 04, 2013

Fannie Mae and Freddie Mac, the government-backed guarantors of residential mortgages, hold a particularly reviled place in our political culture.

The Ongoing and Hugely Risky Bailout of the Housing Market
Why the next housing crisis could be worse than the last one
March 01, 2013

Unless the White House changes course, the next housing crisis will be worse than the last one