December 16, 2011

Fitch cuts Ratings on Goldman, Deutsche, five other large banks

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Why would regulatory challenges be a threat to the financial viability of the Banks? answer: because the challenges they are talking about drive a stake though the heart of lies perpetuated by those Banks. the result is that they could be …

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Sen. Cantwell demands DOJ investigate foreclosure fraud before a settlement

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT sen-cantwell-demands-doj-investigate.html By Matt Browner Hamlin, www.americablog.com Senator Maria Cantwell (D-WA) issued a blistering letter calling on the Department of Justice to investigate big banks for fraudulent foreclosure practices before agreeing to any settlement deal which would grant them immunity for these practices. In …

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Ex-Freddie Mac, Fannie Mae chiefs sued by SEC over loans

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: In my opinion they should not be just sued by a regulatory agency with a civil result. And whatever Obama says he has been told, the acts committed were illegal and probably criminal, despite reports to him to the contrary. Yet …

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YAHOO STUDY: VOTERS WANT ACTION ON HOMEOWNER CRISIS

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: It is clear that once again the politicians are leading from behind, which is to say they are not leading, they are reacting. Well they should react to this: voters perceive the problem with the economy as related to housing. Economists …

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AG Settlement: 3 1/2 cents on the dollar

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Calculated Risk has the right idea but the wrong calculation. It is relying on published reports of underwater houses and the amount they are underwater. The true figure is at least $1.4 trillion, which would make the settlement around 1.75 cents …

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