We’re learning that the foreclosure fraud settlement is leading to a jump in foreclosures, as the banks feel less constrained by their document problems, secure in the knowledge that they can just buy their way out of them. And the other part of this is that, despite the settlement, the banks have not stopped the behavior that required the settlement in the first place. And here’s some more evidence of that, from yet another example of the broken servicing market.
|By: David Dayen Sunday April 8, 2012 7:40 am|
|By: David Dayen Thursday September 1, 2011 8:10 am|
Lots of attention is being paid to the shuttering of Solyndra, a solar company that received federal loans from the Energy Department in the Recovery Act, and took part in a visit by the President last year.
|By: David Dayen Monday June 6, 2011 6:30 pm|
I know it’s hard to believe, but Goldman Sachs is in some trouble. They may not ultimately see indictments of their executives or massive forced payouts of a large chunk of their profits. But the well-researched, well-described Senate Permanent Subcommittee on Investigations report, which partially covered Goldman’s lies to their clients and to Congress, could have serious consequences for the firm.