Who’s Behind the Financial Meltdown?
The top subprime lenders whose loans are largely blamed for triggering the global economic meltdown were owned or backed by giant banks now collecting billions of dollars in bailout money — including several that have paid huge fines to settle predatory lending charges. The banks that funded the subprime industry were not victims of an unforeseen financial collapse, as they have sometimes portrayed themselves, but enablers that bankrolled the type of lending threatening the financial system.
December 10, 2009
Ginnie Mae’s troubling endorsements
August 26, 2009
You broke it? You fix it.
July 16, 2009
More mortgage fraud reporting?