Sign up for our newsletters    

Sign up for our newsletters   

Baltimore City Paper home page.

Josh Goldberg charged with mortgage fraud

January 22, 2013
By
Josh Goldberg charged with mortgage fraud

A federal grand jury indicted mortgage broker Joshua S. Goldberg today, alleging he helped steal $2.5 million from various lenders through a mortgage fraud scheme in Baltimore. City Paper first outlined the scheme in this 2008 story. As the financial crisis worsened Goldberg and his husband, Bayardo Alvarez, continued to get big mortgages and...
Read more »

Tags: , , , , , , , , ,
Posted in Crash Course, The News Hole | 606 Comments »

FHA Default Rates Near 10 Percent

February 2, 2010
By

The Washington Post seems to be catching on to a story Crash Course warned about last fall: that FHA is not in good shape, and may need a taxpayer bailout. As with most WaPo stories, the problem is depicted in the past tense: FHA Commissioner David H. Stevens, who joined the agency in July,...
Read more »

Tags: , ,
Posted in Crash Course | No Comments »

The Fed Told AIG Not to Disclose Payments to Goldman et.al.

January 7, 2010
By

Here’s the government trying to hide the bad deal it made on taxpayers’ behalf. The e-mails leave no doubt: Tim Geithner gave the banks, including a foreign bank, at least $13 billion extra U.S. taxpayer dollars over and above the amount AIG execs were negotiating. Bloomberg got it first. NYT‘s Dealbook gives you the...
Read more »

Tags: , , , ,
Posted in Crash Course | 372 Comments »

UPDATE: Colonial BancGroup, Taylor Bean and Freddie Mac-who could have seen this coming?

August 10, 2009
By
UPDATE: Colonial BancGroup, Taylor Bean and Freddie Mac-who could have seen this coming?

| Image by https://www.taylorbean.com/default.aspx Aug. 7: Colonial BancGroup announces governmental actions. Seems that on “August 6, 2009, it was informed by the U.S. Department of Justice that it is the target of a federal criminal investigation relating to the Company’s mortgage warehouse lending division and related alleged accounting irregularities.” And furthermore: On August 5,...
Read more »

Tags: , , , ,
Posted in Crash Course | No Comments »