Truthdig - Tag - Mortgage-backed Securities

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Tag: Mortgage-backed Securities

Medill DC (CC BY 2.0)

Fed Attempts to Jump-Start the Economy

The Federal Reserve ended its do-little policy on Thursday, pledging to keep interest rates near zero and announcing an open-ended commitment to buy bonds and possibly take other steps to push the economy into motion.

Posted on Sep 13, 2012 READ MORE

Bad Guys of the Foreclosure Crisis

By Eugene Robinson —

The crisis over faulty or fraudulent paperwork in mortgage foreclosures—which is either a big deal or a humongous deal, depending on which experts you believe—is the fault of arrogant, greedy lenders who played fast and loose with the basic property rights of homeowners.