a few bad mortgages

RBS’ (alleged!) mortgage-backed chicanery has put a real crimp on the woodsmiths’ vacation plans for the last few years. Now, however, the perfidious Scots have agreed to pay up, ensuring quite an upcoming summer down the Shore. Read more »

  • 20 Aug 2013 at 3:58 PM

Fannie, Freddie May Have Something To Share

Turns out that all of those record profits that Fannie Mae and Freddie Mac are turning over to the Treasury don’t so much account for a few billion dollars in losses on delinquent mortgages. Read more »