Douglas Jamiel At Truthout Wrote A Great Piece About Quicken Loans Founder Dan Gilbert “The First National Building over here is ours,” explains billionaire Dan Gilbert, pointing at the Detroit skyline from his glass promontory in a recent interview with 60 Minutes’ Bob Simon. Like a player in an all too real game of Monopoly, Gilbert takes inventory of […]
County Treasurer Andy Meisner Puts Heat On Congress Over Fannie/Freddie Tax Exemption There’s no shortage of people in Congress that are looking to get their paws on Fannie and Freddie because they share the same outrage that we’ve shared: That these entities were started for a good public purpose and that they have evolved into […]
Want To Make MERS Illegal? Mortgage Activists Need To Stand Up To Members Of Their State Legislature! “Talk does bring about political action. Action brings political action.” -George S. Patton, Jr. For the past three years, I have been telling mortgage activists and politicians alike that what MERS does is not illegal. It may […]
John Gittelsohn & Heather Perlberg from Bloomberg wrote a great piece about Blackstone Funding Steve Schwarzman’s Blackstone Group LP (BX) has spent $7.5 billion acquiring 40,000 houses in the past two years to create the largest single-family rental business in the U.S. The private-equity firm is now planning to sell bonds backed by lease payments, the latest step in […]
Even After Verdict Defiant BofA Execs & Rebecca Mairone Still Pleading Innocence Nate Raymond at Reuters wrote a great piece about Rebecca Mairone aka the Countrywide Hustler Bank of America Corp was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the U.S. government in one of the […]
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