Category Archives: Big Shitpile

The Complete Breakdown of Law Regarding Home Ownership: The Essex County, MA Edition

“My [housing title] registry is a crime scene as evidenced by this forensic examination.” Five out of six Essex County mortgage assignments are invalid. Nice rule of law you got there…
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Posted in Bidness, Big Shitpile, Housing, The Rule of Law | 1 Comment

Heckuva Job Johnny! How a Bush Regulator Failed to Prosecute.

The NY Times has a good article about how few prosecutions have even been attempted in the aftermath of Big Shitpile (the housing crisis and the following good times). One of the key players was Countrywide, led by CEO Chris … Continue reading

Posted in Bidness, Big Shitpile | 2 Comments

Why ‘Good People’ Should (Sometimes) Walk Away from Their Mortgages

It’s good financial sense.
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Posted in Bidness, Big Shitpile, Housing | 31 Comments

The Foreclosure Mess Is About the Rule of Law

When the rich and the powerful are allowed to perjure themselves, none of us is free.
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Posted in Big Shitpile, Civil Liberties, The Rule of Law | 1 Comment

We Can Afford Mortgage Cramdown

Banks could afford to lower underwater mortgages.
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Posted in Big Shitpile | 6 Comments

Banking Scandal in a Nutshell: “Greed, Greed, and More F-cking Greed”

I like this guy because he makes me sound calm.
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Posted in Bidness, Big Shitpile | 1 Comment

How Many in Foreclosure Made All Their Payments (and Are Still in Foreclosure)

This is not productive economic activity. It’s not even rent extraction, it’s flat-out theft.
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Posted in Bidness, Big Shitpile, Housing | 8 Comments