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Tag Archives: Housing recovery

Small victory for the public in foreclosure mess?


 Maybe.  As Taibbi writes, it’ll depend on the actual wording of the settlement.  I’m less optimistic than he is about it.  I’m also curious where the money from said settlement would go? To the people who were affected by this perjury? Or to the State, for their use (ostensibly) in preventing and/or perusing offenders? Bookmark […]

TheStreet: A Bitter Pill for Mortgage Borrrowers


Any article that starts with, “Top banking executives said…” is automatically suspect. That said, the government is not itself hindering the recovery; the real culprit is Wall St. They could resolve this thing quickly; however, the economic incentive is not there, so they will not. This is not necessarily wrong, it’s just inhuman. Bookmark on […]