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32: The Amateur Activists Who Took On The Foreclosure Machine

32: The Amateur Activists Who Took On The Foreclosure Machine

FromOdd Lots


32: The Amateur Activists Who Took On The Foreclosure Machine

FromOdd Lots

ratings:
Length:
27 minutes
Released:
Jun 13, 2016
Format:
Podcast episode

Description

The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the country. Left and right, people were being removed from their homes. But because of the explosion of mortgage securitization -- the slicing and dicing of financial assets that got Wall Street into so much trouble -- there was often a failure to do the proper paperwork required for such evictions. This week on Odd Lots, we talk to David Dayen, the author of the new book Chain of Title, about a group of activists in Florida who self-taught themselves to become experts on securitization and foreclosure law in order to fight back in court against what they argued was fraudulent activity.
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Released:
Jun 13, 2016
Format:
Podcast episode

Titles in the series (100)

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.