BLANKApr 8, 2016
The following excerpt from Robert Scheer's book "The Great American Stickup" details the perversion of Fannie Mae and Freddie Mac and is particularly relevant this election season, as it explains the connection between Clinton "progressives" and the 2008 housing meltdown that impoverished millions. Dig deeper ( 8 Min. Read )
Alexander Reed Kelly / TruthdigSep 19, 2015
An audit of land records commissioned by the Seattle City Council and leaked to local activists found that many mortgages held within the city are void, which means foreclosures based on them are illegal and unenforceable. Dig deeper ( 2 Min. Read )
By Jesse Eisinger, ProPublicaOct 26, 2012
Freddie Mac, the taxpayer-owned mortgage giant, made it harder for millions of Americans to refinance their high-interest-rate mortgages for fear it would cut into company profits, present and former Freddie Mac officials disclosed in recent interviews. Dig deeper ( 8 Min. Read )
Alexander Reed Kelly / TruthdigAug 7, 2012
At the height of the financial crisis, The Guardian identified 25 bankers, economists, politicians and financial officials who helped bring about the worst economic crisis since the Great Depression. What are they up to now? Dig deeper ( 2 Min. Read )
By Blair Hickman, ProPublicaFeb 18, 2012
The U.S. housing crisis has been going on nearly five years, with still regular revelations about misdeeds by banks and others. Here’s ProPublica's roundup of standout reporting on the crisis. Dig deeper ( 2 Min. Read )
By Cora Currier, ProPublicaFeb 15, 2012
The Obama administration recently unveiled a string of proposals to help struggling homeowners and get the housing market back on its feet. Here are the latest of them, whether they are anything new and whether they stand a chance of going anywhere. Dig deeper ( 4 Min. Read )
By Cora Currier, ProPublicaFeb 8, 2012
Fannie and Freddie are required to help homeowners while earning profits so they can pay back the taxpayers who bailed them out. Here is our guide to the little-known federal regulator, Edward DeMarco, ultimately in charge of the two companies. You may have never heard of him, but as The Washington Post put it, he’s “the most powerful man in housing policy.” Dig deeper ( 4 Min. Read )
Nomi Prins / TruthdigJan 19, 2012
The markets weren’t shocked by last week’s wave of pre-broadcast S&P sovereign debt downgrades. For months, the question wasn’t “if” but “when.” And true to form, just as with the U.S. downgrade, S&P’s reasoning skated the surface of prevailing wisdom.Standard & Poor’s likes moving on Friday nights after the markets are closed. Dig deeper ( 7 Min. Read )
Staff / TruthdigDec 17, 2011
What's America's legacy in Iraq going to be? Can we read it accurately from this moment, now that the war is "officially" over? Also on this week's rundown of topics for "Left, Right & Center" panelists Robert Scheer, Matt Miller, Chrystia Freeland and Mark Tapscott are Fannie and Freddie vs. the SEC and a farewell to Christopher Hitchens. Dig deeper ( 1 Min. Read )
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