The Washington Independent

Posts Tagged mortgage brokers

The Criminal Roots of the Financial Crisis

By | 07.22.09 | 8:59 am

One of the many unanswered questions about the current financial crisis is why there haven’t been more criminal investigations into what happened, including the highly suspect actions of the rating agencies, the banks, and mortgage brokers. At Salon, economist Simon Johnson and author and former investment banker More…

Subprime Lenders Back in the Game, Reworking Loans

By | 07.20.09 | 9:32 am

Did you ever wonder where all those subprime lenders who made big profits making predatory loans during the housing boom ended up? Think about it: What kind of resume would you have, given that you worked for a discredited company that went out of business after making high-rate, abusive loans More…