Tag Archives: housing

Plutocracy Watch: Mortgage Paperwork Fraud is Rampant and Goes Unprosecuted

This recent 60 Minutes segment is very dispiriting. Notice how easy it is for large banks to shift responsibility (and so avoid criminal prosecution). It’s yet another example of mortgage lenders engaging in buck passing and (im)plausible deniability: speak no evil, see … Continue reading

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Don’t Buy Yet?: Yale Economist Robert Shiller Thinks the Housing Market is Only Halfway to Its Bottom

Yale economist, Robert Shiller, thinks we are only halfway to the bottom of the housing market, and, in consequence, that the economy’s general recovery is still 3-5 years off. See a five minute interview with Shiller, and a chart that he … Continue reading

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