Oct 14
A Secret Deal Between Wall Street and Washington Shines a Harsh Light on Federal Housing Agency By PAM MARTENS CounterPunch W hile the Federal Trade Commission was receiving gut-wrenching documentation of predatory lending abuses at a unit of Citigroup, the Federal agency mandated to level the playing field for low income homeowners, the U.S. Department of Housing and Urban Development, was quietly awarding 19,968 mortgages of homeowners in distress to Citigroup to dispose of as it s Read the full article