NYT Finds a Mortgage-Mod Program That Works

By Felix Salmon   Dec 10, 2010 at 12:15 PM

David Bornstein has a great post about ESOP, an Ohio non-profit which acts as a middleman between homeowners and lenders,... More

WaPo: OCC Had the Banks’ Back on Foreclosures

Comptroller John Dugan rejected requests from states to investigate

By Ryan Chittum   Nov 9, 2010 at 09:58 AM

This Washington Post story yesterday didn't get as much attention as it ought to have. Zachary Goldfarb reports on yet... More

A Big Story or a “Technicality”?

Sorkin, Nocera, and other intra-newsroom battles over whether the foreclosure scandal matters

By Ryan Chittum   Nov 8, 2010 at 07:42 AM

I get the sense that the foreclosure scandal has opened up some rifts in at least a couple of newsrooms.... More

Audit Notes: A Foreclosure Tragedy, Dirty Diapers, 1994, Hyatt’s Jingle Mail

By Ryan Chittum   Nov 5, 2010 at 04:57 PM

The Miami Herald finds a sad twist on the foreclosure scandal: Who do you sue when your toddler drowns in... More

Audit Notes: Countrywide, WSJ Stays Ahead on Probe, Blodget

By Ryan Chittum   Nov 22, 2010 at 07:59 PM

All the biz/econobloggers are going gaga over a nugget of information buried deep in Gretchen Morgenson's column yesterday. Consider a... More

Audit Notes: Foreclosure Scandal, Gold Still Not a Record, Facebook Ads

By Ryan Chittum   Nov 9, 2010 at 06:11 PM

The Washington Post drops this eye-raising info from a Long Island judge who's not happy with the banks' actions in... More

Audit Notes: Grand Oil Party, The Limits of Anecdote, Mod Investors

By Ryan Chittum   Feb 25, 2011 at 06:51 PM

The Economist's Matt Steinglass reports on an egregious government giveaway to the oil companies—one that started accidentally and has now... More

Audit Notes: Hypocrisy on Warren, Just… Why?, Congress’ Net Worth Soars

By Ryan Chittum   Nov 24, 2010 at 12:33 AM

Former Timesman Peter S. Goodman is out of the gates fast over at The Huffington Post. He points out the... More

Audit Notes: Ibanez Implications, The Daley Problem, Sbarro Sliced

By Ryan Chittum   Jan 10, 2011 at 08:29 PM

The Ibanez verdict in Massachusetts Supreme Court is yet more confirmation that the foreclosure scandal will have serious repercussions for... More

Audit Notes: Limited Liability, Apple’s “Tons of Issues,” Foreclosure Scandal

By Ryan Chittum   Feb 17, 2012 at 07:44 PM

The London Review of Books has a fascinating piece by the Bank of England's Andrew Haldane on excessive financial-industry risk.... More

Audit Notes: Too Big to Fail Edition

By Ryan Chittum   Dec 3, 2010 at 12:36 AM

Kansas City Fed President Thomas Hoenig has a must-read op-ed in The New York Times on why too big to... More

Audit Notes: Toxic Assets, Foreclosure Mills, SEC (Finally) Looking at CDOs

By Ryan Chittum   Feb 10, 2011 at 12:20 AM

What ever happened to that pile of toxic assets that the banks were sitting on? Wall Street Journal reporter Michael... More

HuffPo Shows OCC Still Poster Child of Regulatory Capture

By Ryan Chittum   Feb 25, 2011 at 02:30 PM

The Huffington Post's Shahien Nasiripour has some interesting reporting in a story on the Obama administration's move to settle the... More

Leakapalooza on the Hill

Public relations bends this morning’s banking committee previews

By Dean Starkman   Nov 16, 2010 at 12:45 PM

Bank of America previewed and helped to soften its executives' planned apology before Congress today by letting the Times... More

Most of the Press Misses Foreclosure Scandal News (UPDATED)

By Ryan Chittum   Dec 15, 2010 at 11:53 AM

Iowa's attorney general said yesterday that he will bring criminal charges over the foreclosure scandal. But most of the press... More

ProPublica and NYT Are Confusing On Second Liens (UPDATED)

By Felix Salmon   Mar 17, 2011 at 05:11 PM

Jesse Eisinger has a conspiracy theory about the way that second liens are treated in the proposed mortgage settlement: The... More

The $600 Million Homeowner Bailout

An economic disaster for the country and a political one for Obama

By Ryan Chittum   Nov 12, 2010 at 07:27 AM

Remember when a little ol' homeowner bailout set off CNBC's Rick Santelli, igniting the Tea Party movement back in February... More

The Ultimate Mortgage Fraud Anecdote

The Miami Herald finds a Miami woman defrauded at every turn

By Ryan Chittum   Nov 23, 2010 at 01:31 PM

The Miami Herald has found the perfect anecdote for the foreclosure scandal, the mortgage crisis, and how both are two... More

Watchdogs Eye the AG’s Foreclosure Fraud Settlement

By Ryan Chittum   Mar 14, 2011 at 02:41 PM

Gretchen Morgenson yesterday criticized the states attorneys general for their proposed foreclosure fraud settlement, writing that it's a slapdash rush... More