Levitin Kills It!

Here’s a good post on Adam Levitin’s testimony at today’s hearing on robo-signers, chain of title problems, etc. David Dayen’s full piece below: http://foreclosureblues.wordpress.com/2010/11/18/levitin-addresses-elephant-in-the-room-regulators-don%e2%80%99t-want-to-fix-the-foreclosure-crisis/ Georgetown U.’s Adam Levitin has become something of a rock star during the foreclosure fraud crisis. He had some of the best and most biting commentary in the Senate Banking Committee […]

Congressional Hearing on Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing

C-SPAN3 temporarily cut away from the hearing to go to Rangel’s sanctions but the hearing is still on here. The participants (R.K. Arnold of MERS and Professor Adam Levitin have been busy this week): Robo-Signing, Chain of Title, Loss Mitigation and Other Issues in Mortgage Servicing Date: November 18, 2010 Time: 10:00AM Location: 2128 Rayburn House Office […]

WSJ Reports that FDIC Will Conduct Approximately 50 Criminal Investigations of Failed Bank CEOs, Directors, Employees

  BUSINESS     NOVEMBER 17, 2010, 7:54 A.M. ET  U.S. Sets 50 Bank Probes FDIC Steps Up Investigations at Failed Lenders; ‘These NumbersWill Increase’ By JEAN EAGLESHAM        The Federal Deposit Insurance Corp. is conducting about 50 criminal investigations of former executives, directors and employees at U.S. banks that have failed since […]