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Gretchen Morgenson: Court Case Exposes ‘Bag Of Mortgage Tricks’

We have all read latest news written by talented authors. The news about Gretchen Morgenson: Court Case Exposes ‘Bag Of Mortgage Tricks’ was a long time a coming. But it doesn’t stop here. The writer shows two wonderful talents. Read the the whole sections to see what I mean.

The New York Times:

Last week, a jury in federal district court in Reno, Nev., awarded a group of 50 mortgage investors $5.1 million in punitive damages against defendants in a loan servicing case. Although the numbers in the case aren’t large, its facts are fascinating. Indeed, the case exposed some of the tricks of the servicers’ trade.

Read the whole story: The New York Times


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Posted by on Dec 23 2010. Filed under Blog. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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