Rep. Cummings Asks For Hearing–Why Was Independent Foreclosure Review Abruptly Axed Just As the Harm and Misconduct Was Beginning to Emerge

Representative Elijah Cummings (D-Md ) wrote to Chair of the Committee on Oversight and Government Reform, Rep. Darrell Issa (R-Ca), asking for a hearing on the Fed’s and the OCC’s abrupt and premature conclusion of the Independent Foreclosure Review.  Full letter here. “Now that we have obtained copies of these documents, they confirm that some […]

And the Beat Goes On

Massive New Fraud Coverup: How Banks Are Pillaging Homes—While the Government Watches Great new article by David Dayen.  I would correct the title to say while the government “participates.”  It doesn’t just passively watch.  A failure to act when you have a duty to act–by the Justice Department, and regulators authorized to act, and by […]

Elizabeth Warren, Champion of the Middle Class

Elizabeth Warren, the Fighter CBS News, full video interview at the link. Warren was appointed chair of the Congressional Oversight Panel, the fund’s watchdog. Her clashes with Treasury Secretary Tim Geithner, the fund’s administrator, became an unlikely YouTube hit. WARREN: “I am sorry. I just want to make sure I am following. You are saying that there […]