New York City When the Inspector General of the Treasury Department starts agreeing with me that the Treasury Department and the banks are totally messing up the HAMP – Housing Modification Program – you just know it must be terrible! And it is…according to a recent report in the Wall Street Journal by Jessica Silver-Greenberg: …
Tag: Foreclosure
Darrell “McCarthy” Issa and the Non-Profit Purge
New Orleans Darrell Issa, the emerging Chair of the House Investigations Committee was interviewed the day after the election about how he saw his “work” shaping up. It was a little late for Halloween, but it was scarier than the worst fright movie. Some commentators took Issa’s remarks as conciliatory, which must be the result …
Bank Conflicts of Interest on Foreclosures and Modifications
New Orleans My god, pinch me! Unbelievably the august New York Times in its editorial today has bellied up to the right side of the bar in pointing out the obvious and long noted (including by me!) conflicts of interests enjoyed by banks in the foreclosure game where they often pretend to be chicken, but …