Archive for the 'bank failure' Category

Mortgage Electronic Registration Systems (MERS): A System Designed to Create the Mortgage Back Security Bubble.


$1.1 Trillion in Toxic Loans: $908 Billion in Interest Only and $198 Billion in Option ARMs. The Zombie Loans that Simply Don’t Die.


Alt-A Loans and Pesky Resistant Subprime Loans: The Lingering Mortgage Beast. $1.1 Trillion in Active Toxic Waste Mortgages. PennyMac Ready for Toxic Mortgages. What Happened to the Public-Private Investment Program?


The Continued Crony Banking and Housing Industry Bailout: Foreclosure Scams, Japan Subprime Loans Coming Back, and Generally Bad Advice for American Consumers.


Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street. What other Proof do you need that we are Focusing on Bailing out the Banking Oligarchy? Foreclosure Filings at All-Time Record High.


Pecora Commission Where Art Thou? Lessons from the Great Depression Part XXVI: Time to put the Bankers and Wall Street on Trial. “Legal chicanery and pitch darkness were the banker’s stoutest allies.”


The New Financial Overlords: The Debt Class and those that provide the Debt in Serfdom. Understanding the new Structure of the American Financial Landscape.


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