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Posts marcados ‘ECO’

THE TRADE

In Postcrisis Report, a Weak Light on Complex Transactions

by Jesse Eisinger
ProPublica,

 

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The report from the Financial Crisis Inquiry Commission has been assailed as a confusing mishmash — poorly organized, unclear about what’s new and weakened by conclusions that are at once obvious and unsatisfying. The problems of the commission were evident from the start: its mandate was too broad, its timetable too short, its budget too small and its commissioners too partisan. (mais…)

FORECLOSURE SCANDAL

At Foreclosure Law Firms, Concerns About Novice Attorneys

by Marian Wang
ProPublica

 

A few months into the foreclosure scandal, we reviewed job listings seeking supposed foreclosure experts and even department supervisors, noting that many listings offeredlow pay and required little education. Some listings we saw were posted by staffing agencies, recruiting workers and paralegals for banks and foreclosure law firms. As it turns out, those clerical workers weren’t the only ones whose credentials have faced more scrutiny as a result of the foreclosure fiasco. (mais…)

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