Friday, October 24, 2014. Last Update: Thu 5:05 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

Stop trolling your readers - We know you’re only doing it for clicks

Des Moines Register prepares for a ‘very stressful’ newsroom restructuring - Editor Amalie Nash speaks on turnover, transformation, and a virtual reality adventure

PBS pulls ads from Harper’s Magazine after critical essay - Piece argues public broadcaster has fallen under the sway of political influence and outside money

Should all journalists be on Twitter? - Reasons to take up or forgo the 140-character platform

The Tennessean is borrowing reporters from other Gannett papers - Music columnist Peter Cooper is latest journalist to part ways with Nashville paper


Fake news sites using Facebook to spread Ebola panic (The Verge)

“These sites claim to be satirical but lack even incompetent attempts at anything resembling humor”

How Ben Bradlee dealt with flacks (Washington Post)

“I would like to be sure that you understand that we trust our editors’ news judgement and that we distrust yours”

Ben Bradlee, 93 (WaPo)

“From the moment he took over The Post newsroom in 1965, Mr. Bradlee sought to create an important newspaper that would go far beyond the traditional model of a metropolitan daily”

I’m a black journalist quitting media because I’m sick of racism (TNR)

“Among the challenges that make racism so difficult to fix, and so odiously constant, is that white people often don’t even recognize when they’re saying or doing something that cuts their black colleagues to the bone”

Bloggingheads

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

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A report from the Columbia University Graduate School of Journalism

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