Cover image for Chain of title : how three ordinary Americans uncovered Wall Street's great foreclosure fraud
Chain of title : how three ordinary Americans uncovered Wall Street's great foreclosure fraud
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Chain of title : how three ordinary Americans uncovered Wall Street's great foreclosure fraud
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Physical Description:
ix, 385 pages ; 24 cm.
Summary:
"In the depths of the Great Recession, a cancer nurse, a car dealership worker, and an insurance fraud specialist helped uncover the largest consumer crime in American history-a scandal that implicated dozens of major executives on Wall Street. They called it foreclosure fraud: millions of families were kicked out of their homes based on false evidence by mortgage companies that had no legal right to foreclose. Lisa Epstein, Michael Redman, and Lynn Szymoniak did not work in government or law enforcement. They had no history of anticorporate activism. Instead they were all foreclosure victims, and while struggling with their shame and isolation they committed a revolutionary act: closely reading their mortgage documents, discovering the deceit behind them, and building a movement to expose it. Fiscal Times columnist David Dayen recounts how these ordinary Floridians challenged the most powerful institutions in America armed only with the truth-and for a brief moment they brought the corrupt financial industry to its knees"--
Contents:
A knock at the door -- The dark side of the American dream -- Securitization FAIL; or, Cirilo Codrington and the Panama Doc Shop -- The originator -- The community -- Mr. Anonymous -- When Michael met Lisa -- Happy hours -- The network -- The specialist -- Black deeds -- The revolution will be blogged -- The ninth floor -- The rally in Tally -- By any means necessary -- Downfall -- The big time -- We will put people in jail -- Wriggling off the hook -- the final whitewash -- Lisa's last stand -- Epilogue.
Publication Info:
New York : New Press, The, 2016.
Subject:
Foreclosure -- United States -- Corrupt practices.
Global Financial Crisis, 2008-2009
Foreclosure -- Law and legislation
Foreclosure sales
Mechanics' lien foreclosure
Mortgage foreclosure
Statutory foreclosure
Strict foreclosure
Global Economic Crisis, 2008-2009
Subprime Mortgage Crisis, 2008-2009
SAILS ISBN:
9781620971581