News

November 28, 2010 | Filed under: Debt Collection

Source: Jessica Silver-Greenberg, WSJ.com

Glynis Martin, a 56-year-old New York social worker, started struggling to keep up with her credit-card bills about five years ago as the mortgage on her Bronx apartment ate up most of her paycheck.

Pretty soon debt-collection calls became...

November 19, 2010 | Filed under: Mortgage, Real Estate & Housing

Source: Ariana Eunjung Cha and Brady Dennis, The Washington Post

The financial services industry has launched an aggressive campaign on Capitol Hill to bolster the legality of the way companies have turned mortgages into securities and traded them across the globe in recent years.

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