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 "Pompano Beach":

"… en Florida retiree Gladys Walker fell behind in paying taxes on her modest Pompano Beach home, she had no idea one of America’s biggest banks and a major Wall St …"

"… cent penalty.On May 25, just after 10 a.m., the debt on Walker’s $62,000 Pompano Beach home came up for sale. It promptly drew 8,031 electronic bids, auction rec …"

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 "Pompano Beach":

"… en Florida retiree Gladys Walker fell behind in paying taxes on her modest Pompano Beach home, she had no idea one of America’s biggest banks and a major Wall St …"

"… cent penalty.On May 25, just after 10 a.m., the debt on Walker’s $62,000 Pompano Beach home came up for sale. It promptly drew 8,031 electronic bids, auction rec …"