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September 21, 2012

CNBC: Dalio Raises Concerns About Social Unrest With Economic Crisis

120 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Editor’s Note: I don’t emphasize this point because  it wouldn’t change anyone’s mind. But the comparison Dalio put on the table is one with which I am familiar. Nobody in Germany ever imagined that an extremist nut like Hitler could ever rise to power, that inflation would be going at 2500% per month and the …

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CFPB Safe Harbor Rule Would Allow Homeowners to Fight Bad Mortgages

57 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Editor’s Comment: The practice of disregarding normal loan underwriting standards creates a claim that homeowners were tricked into loans that they could never repay. The Consumer Financial Protection Bureau, built by Elizabeth Warren under Obama’s direction is about to pass a rule that addresses that very issue. The new Rule would allow homeowners contesting foreclosure …

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