NY AG Schneiderman Unleashes On White House Over Mortgage Investigations

Ryan Grim & Shahien Nasiripour, Huffington Post New York Attorney General Eric Schneiderman has privately criticized the Obama administration and the Department of Justice for not aggressively investigating dodgy mortgage deals that helped trigger the financial crisis, according to senators and congressional aides who met with him this month. New York’s top prosecutor is co-chair of […]

Expiring Mortgage Relief Tax Exemption Threatens Struggling Homeowners

Sarah Bufkin and Ryan Grim, Huffington Post Beginning on Jan. 1, people who lose their home to foreclosure will be required to pay federal taxes on any unpaid mortgage the bank can’t recoup through an auction. The same will be true for homeowners whose loan principal is reduced by a mortgage modification, with the wiped-out […]

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