David Dayen at The Nation:Ross and Mnuchin—Profiteers of the Great Foreclosure Machine—Go to Washington


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Livinglies's Weblog https://www.thenation.com/article/wilbur-ross-and-steve-mnuchin-profiteers-of-the-great-foreclosure-machine-go-to-washington/ In my book Chain of Title, I refer to the collection of lenders, mortgage-servicing companies, third-party document processors, foreclosure-mill law firms, and trustee banks as all part of the Great Foreclosure Machine. I’m now realizing I should … Continue reading

David Dayen,”Housing crisis has led to breakdown of the Social Order”


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Livinglies's Weblog http://www.marketwatch.com/story/housing-crisis-has-led-to-breakdown-of-the-social-order-author-says-2016-06-08?link=sfmw_tw By Andrea Riquier Imagine the immense stack of papers that accompanies a home purchase closing. Excited home buyers sign, sign, and sign some more. They sign even more now since the 2015 introduction of new regulations required … Continue reading