Just call me Reverend // When Americans are in Trouble “Let Market Work” (speed up foreclosures)?

By Harold Bubil Real Estate Editor Published: Sunday, June 26, 2011 at 1:00 a.m. http://www.heraldtribune.com/article/20110626/ARTICLE/110629733/2055/NEWS?p=all&tc=pgall It has been said so often that it is accepted as fact: In order for the real estate market to “recover,” the glut of foreclosed upon properties must be cleared. “Let the market work.” So said a panel of experts speaking [...]

Why Investigate the Financial Industry?

Did the industry cause the financial crisis by creating mortgage backed securities, and couple them with credit default swaps, and let the millions in fees infect every player in the market while keeping regulators looking the other way?  No, some guy in Ohio who lied on his loan application did it. Did HAMP fail to [...]

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