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Boiler rooms, foreclosure mills: The story of America’s mortgage industry

By Michael Hudson

The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits a

Excerpts from this story referencing "Center for Public Integrity":

"… far from alone, at Ameriquest and other lenders around the country.As the Center for Public Integrity documented in its 2009 report, Economic Meltdown: The Subprime 25, many of …"

Obama won't sign notary bill that might speed home foreclosures

By Michael Hudson

The White House announced this afternoon that President Barack Obama would not sign a bill to ease restrictions on interstate commerce, whic

Where’s the HAMP loan data?

By Julie Vorman

The Treasury Department should stop dragging its feet and release some of the specific loan-level data it has collected from mortgage servic
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Some foreclosure rescue scams involve lawyers, mortgage errors

By Julie Vorman

Desperate U.S. homeowners facing foreclosure are being duped by con artists. The scammers employ a variety of schemes such as a “forensic mo

Reform Roundup: What the foreclosure lawyers did edition

It’s foreclosure Friday at Financial Reform Watch as we take a closer look at one of the groups responsible for the latest scandal to engulf

Data confirms that securitized mortgages less likely to be modified

By Amy Biegelsen

Government data analyzed by Federal Reserve economists shows what many home owners have already learned the hard way: Consumers have a muc
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Borrower Nightmares: Disabled homeowner alleges broker, bank sold her mortgage she couldn’t afford

By Ben Hallman

Queens woman fights foreclosure on her childhood home

Excerpts from this story referencing "Emigrant Mortgage Co.":

"… he said. But that wasn’t the loan that the broker had asked the lender, Emigrant Mortgage Co. of New York to approve, Mosunic’s lawsuit alleges. An hour later, Mosun …"

Countrywide protected fraudsters by silencing whistleblowers, say former employees

By Michael Hudson

Exclusive interview with a high-ranking Bank of America whistleblower reveals corruption that led to the financial collapse

Mortgage industry tanks, fraud continues at Countrywide

By Michael Hudson

As the mortgage industry melted down, fraud investigator kept up the pressure, soon lost her job

Consumer complaints soar on mortgage 'rescue' schemes

By Ben Protess and Lagan Sebert

FTC consumer chief to fraudsters: 'I want to put you in jail'

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