Reuters- There was much gnashing of teeth in the mortgage-backed securities industry last April, when U.S. District Judge William Pauley of Manhattan ruled that mortgage-backed

NYT- State and federal authorities decided against indicting HSBC in a money-laundering case over concerns that criminal charges could jeopardize one of the world’s largest

Bloomberg- Mortgage Electronic Registration Systems Inc. and lender U.S. Bank NA were sued by an Illinois man who claims they have contributed to a statewide

This is how it's done my friends. This is why nothing gets resolved. They either came from those involved with the mortgage crisis or they

Key Findings On a single night in 2012 there were 633,782 homeless people in the United States, including 394,379 who were homeless as individuals and

How about banning the Twins from owning MERS for a start? The Twins are the enablers. And while your at it, End the FED WSJ-

Everything involving money is an illusion. TIME- It’s now conventional wisdom that the housing market — once the anchor that sank the American economy —

NYT- The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis,

$4 million infusion of cash produces net gain of ONLY 435 cases cleared statewide. Palm Beach Post- Florida’s foreclosure courts have made almost no progress

In case you missed it, NJ is doing the same. How are they correcting fraudulent documents? or are they? Chicago Tribune- The Illinois General Assembly

REVOLVING DOOR SPECIAL Excerpt from NYT's - “History has demonstrated that the financial system over all — not every piece of it, but over all

In this very moment, the banks are engaging in new creative ways to defraud you. You fall into their trap once more. NYT- DAVID N.

The Telegraph- JPMorgan is said to be close to a £500m settlement with the Government over taxes avoided through an offshore trust used for bonuses.

HAPPY HOLIDAYS!! Bloomberg -- Goldman Sachs Group CEO Lloyd C. Blankfein bought a seven-bedroom home in New York’s Hamptons that was listed for $32.5 million,

Don't know what the rush is since there is an estimated +20 million Vacant homes. It's not like these homes will not sit vacant once

re: The Auditors- The Financial Times reported late this week on the failure of Deutsche Bank to recognize $12bn of paper losses on complex derivative

I wonder if they are involving any activity from Bankers Trust after being acquired from Deutsche Bank? As Matt Stoller said, "Things are getting worse

Reuters- On Tuesday, Bank of America broke what I believe is new ground in mortgage-backed securities litigation. The bank brought a declaratory judgment suit against

USA Watchdog- Real estate expert Fabian Calvo says there’s more to the story about rising prices in the housing market than what’s reported by the

H/T James P. Sheridan, Esq. 2011-1201 and 2011-1362. Fed. Home Loan Mtge. Corp. v. Schwartzwald. Greene App. No. 2010 CA 41, 194 Ohio App.3d 644,