The Wall: Freddie Mac Avoids Scrutiny of Internal Firewall

Foreclosure

Freddie Mac Didn’t Set Out to Profit from Homeowners Trapped in High-Rate Mortgages by Cora Currier for ProPublica Mortgage giant Freddie Mac did not keep homeowners trapped in high-interest loans in order to boost profits on billions of dollars’ worth [...]

40% Success Rate on Gov't Home Loan Program: Mortgage Service Industry Neglects Upgrade

Yet the Obama administration bet the success of its foreclosure prevention program on the ability and willingness of that same troubled industry to help homeowners -- and lost. The program, overseen by the Treasury Department, has been characterized largely by lax enforcement and deference to banks.

WASHINGTON, D.C. – Who's Bailed Out?

This detailed report from Pro Publica provides comprehensive data to the whereabouts of taxpayer dollars. We encourage all of our readers to take a close look at the long list of recipients. When viewing click on any recipient [...]