Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

Gladys Walker, a retiree on Social Security, owed less than $1,000 in overdue property taxes on her modest Florida home. So why did Bank of

Related to this story

Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

The other foreclosure menace

By Fred Schulte, Ben Protess and Lagan Sebert

Follow-up: Baltimore lawmakers seek overhaul of tax lien sale

By Fred Schulte, Lagan Sebert and Ben Protess

Witness says he rigged bids in property tax lien auctions in Maryland

By Fred Schulte and Scott Calvert

Excerpts from this story referencing "Fortress Investment Group":

"… ilout of major financial institutions, Bank of America and the hedge fund, Fortress Investment Group, spotted a fresh money-making opportunity – collecting the tax debts of …"

Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

Large bank, hedge fund bundle small tax debts into private investments

Related to this story

Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

The other foreclosure menace

By Fred Schulte, Ben Protess and Lagan Sebert

Follow-up: Baltimore lawmakers seek overhaul of tax lien sale

By Fred Schulte, Lagan Sebert and Ben Protess

Witness says he rigged bids in property tax lien auctions in Maryland

By Fred Schulte and Scott Calvert

Excerpts from this story referencing "Fortress Investment Group":

"… ilout of major financial institutions, Bank of America and the hedge fund, Fortress Investment Group, spotted a fresh money-making opportunity – collecting the tax debts of …"