Tuesday, September 02, 2014. Last Update: Tue 3:20 PM EST

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Mortgages

60 Minutes With a Good Look at the Foreclosure Scandal

Hats off to 60 Minutes and Scott Pelley for taking a nice look at the foreclosure scandal on Sunday. Pelley... More

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Audit Notes: Auditor conflicts, Frannie holdup, London Whale pressured

The latest money-laundering scandal points to problems with a business model

Francine McKenna looks at Deloitte's role in the latest money-laundering scandal and how it points to conflicts of interest in... More

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Audit Notes: blame the borrowers, Walmart cashiers, newspaper prices

The Democratic Party platform on mortgage issues

Henry Blodget somehow thinks that "everyone has spent the last five years trying to blame the housing crash on every... More

Audit Notes: Economic Headwinds, Refinancing, Google’s Dominance

Crain's New York Business's Aaron Elstein takes a good look anecdotes at the headwinds New York's economy is facing from... More

Audit Notes: Energy Economy, Insider Trading, Mortgage Settlement

Here's a good Wall Street Journal page-one story on how the energy boom is driving economic activity across the U.S.... More

Audit Notes: Investigators Eye the Wall Street Mortgage Machine

After years of going nowhere, the investigation of the Wall Street securitization machine behind the financial crisis is finally showing... More

Audit Notes: Mortgage Bonds, Junkets, Digital Hype

Yves Smith of Naked Capitalism flags what she calls a "bombshell" analyst report on the mortgage-backed securities market. The report... More

Audit Notes: Mortgage Industry Conflicts of Interest Edition

American Banker has a smart story on "How Not to Make a Mortgage Servicing Settlement," taking a look at the... More

Audit Notes: Murdoch’s Lobbyists, Reuters on Chesapeake, Shadow Space (UPDATED)

Top News Corporation officials talked about enlisting the top Wall Street Journal Europe editor to lobby politicians for Murdoch's multibillionaire... More

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Audit Notes: NYT on AIG, subsidizing fraud, free logic

Probably a bit hyped

The New York Times scoops that AIG, recipient of a $180 billion bailout from taxpayers, will meet today to hear... More

Audit Notes: TP Bubble, No More “Fat Cats,” Big Long Now

The Wall Street Journal takes a look at one growing American industry the Internet and the Chinese can't wipe out:... More

Audit Notes: Walmart Rewrite, AMR’s Strategic Default, Debtors’ Prison

When The Huffington Post's Lila Pearl Shapiro wrote a critical story about Walmart's labor practices earlier this week, the company... More

Bank of America’s Big Countrywide Settlement

Bank of America is going to fork over $8.5 billion to mortgage-bond investors lied to by Countrywide Financial, the Wall... More

Bank of America’s Disastrous Countrywide Deal

The “dumb” money squandered tens of billions of dollars on Angelo Mozilo’s predatory lender

In The Big Short, hedge fund investor Steve Eisman recalled the time he heard Bank of America CEO Ken Lewis... More

Excellent Reporting on the Revolving Door By American Banker

Paper’s FOIA request shows a former FHA commish palling around with his future employer

American Banker has a terrific story on the revolving door, digging into the records of former Federal Housing Authority commissioner... More

Hudson On the Systemic Corruption of the Mortgage Business

The Center for Public Integrity Michael Hudson has another excellent installment of his investigation into the culture of fraud at... More

ProPublica Catches Ally Financial Making It Up

ProPublica has a terrific report today nailing Ally Financial (the former GMAC) for faking mortgage documents in order to foreclose... More

The Free Press Probes Fannie and Freddie

The giant bailout recipients are dumping inventory in Detroit and pushing foreclosures over modifications

A Detroit Free Press investigation raises some interesting questions about why government-owned Fannie Mae and Freddie Mac are pushing foreclosures... More

The Foreclosure Scandal Continues (UPDATED)

American Banker and Reuters show banks thumbing their nose at the law

It's clear that the banks aren't much chastened by the foreclosure scandal that erupted last fall and which threatens to... More

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The housing market at an inflection point

The Journal explains why bidding wars are starting to bubble up again

After seven or so years of bearishness on housing, I decided a few weeks back that the market was probably... More

Q&A: An Apple critic with plenty to say - John Siracusa’s legendary - and lengthy - Apple reviews reach their 15th year

Why one editor won’t run any more op-eds by the Heritage Foundation’s top economist - A reply to Paul Krugman on state taxes and job growth made some incorrect claims

4 topics John Oliver explained more clearly than television news - The political satirist brings explainer comedy to HBO viewers

Michael Brown shooting and the crimes journalists choose as newsworthy - Examining why black suspects are covered at a greater proportion than they commit crimes

GOP-backed fake news sites target Dems in congressional races - - Unlike The Onion and other satire sites, the goal is to fool voters, not make them laugh


New WaPo publisher (WaPo)

The departure of Katharine Weymouth ends eight decades of Graham family leadership

The impact of watching executions (PSmag)

“[E]xecutions, even for people who support capital punishment, and even when the criminals being put to death evoke little personal sympathy because of the nature of their crimes, take a toll on witnesses”

Times of India demands employee social media passwords (Quartz)

The company will possess log-in information and will be free to post any material to the account without journalists’ knowledge

Reconnecting with a story source, 17 years later (Hartford Courant)

“People who say reporters exploit people? You are right, we do. We parachute into people’s lives, sidle up, convince them that we care — and then disengage when the story is over. But that doesn’t mean we don’t connect, in a genuine way.”

Bloggingheads

Greg Marx discusses democracy and news with Tom Rosenstiel of the American Press Institute

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