LEHIGH ACRES, Fla. - Republican presidential candidate Mitt Romney came to ground zero of the housing crisis Tuesday to assail rival Newt Gingrich over his ties to the government-backed mortgage companies that helped make it worse, a message Romney has been pushing since he landed in the state.
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In center of nation's mortgage meltdown, Romney defends banks while talking about housing
Posted by mortgage 119 days ago (Editorial)
RBS To Pay $52M For Role In Subprime Mortgage Meltdown
Posted by mortgage 176 days ago (Editorial)
RBS Financial Products Inc., a subsidiary of the Royal Bank of Scotland formerly known as Greenwich Capital Financial Products Inc., will pay $52 million to settle allegations that it securitized "presumptively unfair" residential mortgages, state Attorney General Martha Coakley said today.
Smoking-Gun Edict Shows Gov't Behind Housing Meltdown
Posted by mortgage 204 days ago (Editorial)
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California may join probe of Wall Street's role in mortgage meltdown
Posted by mortgage 313 days ago (Editorial)
New York's and Delaware's investigation could lead to criminal charges against financial executives. 'California was disproportionately harmed by the mortgage crisis, and our homeowners badly need relief,' the state's attorney general says. California is considering joining New York and Delaware in a wide-ranging investigation into Wall Street's role in the mortgage meltdown that could lead to ..
Nathan Newman: The Cost of Lost Privacy, Part 3: Google, the Subprime Meltdown and Antitrust Implications
Posted by mortgage 313 days ago (Editorial)
Most people don't think of Google as a key player in the financial debacle that crashed the economy, but like almost every company making billions of dollars in the last decade, a chunk of Google's profits were coming straight from the subprime mortgage lenders.
Al Lewis: Another messed-up mortgage meltdown
Posted by mortgage 333 days ago (Editorial)
Top execs of a big mortgage lender are sentenced to prison, one of the few instances in this entire mess when justice was done, writes Al Lewis.
New book details the sleaze that led to the subprime mortgage meltdown
Posted by mortgage 337 days ago (Editorial)
Who, exactly, set the stage for the subprime mortgage fiasco? Take a look at a new book, boldly titled ?Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon.? Prepare to be infuriated.
Home Loan-Linked Bond Sales Face Lingering Concern After Mortgage Meltdown
Posted by mortgage 597 days ago (Editorial)
Future sales of bonds backed by U.S. home loans hinge partly on lawmakers? acknowledging the role such securities may play in an economic recovery, said Christopher Flanagan , head of research on the investments for Bank of America Merrill Lynch.
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