Podcasts about great foreclosure fraud

Today's podcast show features a discussion with David Dayen, executive editor of the American Prospect, which is an online magazine about ideas, politics, and power. He's the author of “Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud,” which was published in 2016. David has written and published about 10 or so articles in which he chronicles in great detail the apparent effort by the Trump Administration, acting through Scott Bessent and Russell Vought, to dismantle the CFPB by abruptly ordering a cessation of all activities and layoffs of probationary and term employees and a plan to layoff 1,300 or so additional employees. Because this plan would have crippled the CFPB, two lawsuits were initiated in rapid fashion against Acting Director Vought seeking to enjoin him from pursuing this strategy. One lawsuit was brought by the two labor unions representing CFPB employees and others in the I.S. District Court for the District of Columbia and got assigned to Judge Amy Berman Jackson. The second lawsuit was brought by the City of Baltimore and others in the U.S. District Coury for the District of Maryland. David describes in detail the case pending before Judge Jackson, including the hearings at which several CFPB employees testified. Those employees painted a very grim picture of the effort to shut down the agency. The DOJ lawyer stated that there was never an intent to shut down the CFPB and that the steps taken by the Acting Directors to “freeze” the CFPB were similar to steps taken by any new Administration in order to provide time to evaluate the situation and decide what changes should be made to reflect the new Administration's policy objectives. Shortly after the recording of this podcast, Judge Jackson issued on March 28 a 112-page opinion and 3-page order in which she required the reinstatement with back pay of all CFPB employees that had been terminated, enjoined the CFPB from terminating any employees except for good cause related to the individual employee, fully maintain the consumer complaint portal, ordered the defendants to reinstate all third-party contracts which had been earlier terminated, ordered the defendants to not enforce a February 10 stop-work order and required that the CFPB not destroy any records. The defendants have filed a notice of appeal to the D.C. Circuit Court of Appeals. On March 29. On March 31, the defendants filed a motion in the Court of Appests to stay Judge Jackson's order. See this blog for more detail about Judge Jackson's opinion. Because of the importance of Judge Jackson's opinion, Alan Kaplinsky and Joseph Schuster have recorded a special (additional) podcast show, where we dissected Judge Jackson's opinion and order and the other lawsuit brought by the City of Baltimore against Acting Director, Russell Vought, challenging his consideration of returning operating finds to the Federal Reserve Board or Treasury. That podcast will be released tomorrow, Friday, April 4. The Judge in the City of Baltimore case, in which the plaintiffs had not established nearly as complete a record as the case before Judge Jackson, denied the motion for a preliminary injunction based on the Court's belief that there was no final order which could be challenged under the Administrative Procedure Act. We also discussed the possibility that Congress could subject the CFPB to funding through Congressional appropriations by putting such language in the Budget Reconciliation bill which can be enacted by a simple majority and not 60 votes in the Senare. Alan Kaplinsky, former Chair for 25 years and now Senior Counsel of the Consumer Financial Services Group, hosts the discussion.

Guest: David Dayen is the executive editor of The American Prospect. He is the author of several books including his latest, Monopolized: Life in the Age of Corporate Power (2020) and Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud (2016), which earned the Studs and Ida Terkel Prize. He won the Hillman Prize for excellence in magazine journalism in 2021. On Twitter @ddayen The post The Political Record of Kamala Harris appeared first on KPFA.

Hello, my friends! Today I am talking about the dense but rewarding book "Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud” by David Dayen. As the title suggests, this book is about the 2008 financial crisis and how a cancer nurse, a car salesman, and an insurance specialist banded together to find out why they and so many others had lost their homes. They navigate a hostile legal landscape and take on some of America's biggest institutions head on. If you're ready for an underdog story, you came to the right place. Enjoy the show!If you like the show, please feel free to share it with someone who you think will get a kick out of it. If you LOVE the show, and you'd like to help support it financially, then head on over to my Patreon page: https://www.patreon.com/whatstomreadingThanks for listening! Enjoy the show!

http://www.patreon.com/thenomikishow » We need your support! Make sure to click Like & Subscribe! And we encourage you to join us on Patreon as a Patron for as low as $5/month! David Dayen is the Executive Editor of the American Prospect. and joins us to discuss Biden's first year and the trajectory of austerity that we're on. His work has appeared in The Intercept, The New Republic, HuffPost, The Washington Post, the Los Angeles Times, and many others. He is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud, which won the Studs and Ida Terkel Prize. His latest book, Monopolized: Life in the Age of Corporate Power was released in July 2020.» https://www.twitter.com/ddayen» https://prospect.org/politics/democratic-inaction-will-lead-us-back-to-austerity/» https://prospect.org/politics/there-is-a-bully-pulpit-biden/Benjamin Dixon joins us for Solidarity Wednesday! He is the host of the Benjamin Dixon Morning Show podcast and Youtube Show.» https://www.twitter.com/BenjaminPDixon» https://www.Patreon.com/TheBpDShowPanel:Julia Doubleday is the Deputy Director of Committee. She was the campaign manager for Julie Oliver's Congressional campaign in Texas' 25th Congressional District. She also worked on Beto O'Rourke's 2018 and Bernie Sanders' 2017 campaigns.» https://www.twitter.com/juliamarieokNapoleon da Legendis a “Brooklyn-based artist who uses his voice as a weapon of hope, social-critique, conquest, and joy.” He has been featured on Statik Selekta's Show Off Radio Show, Tony Touch's Toca Tuesdays, DJ Eclipse's Rap is Outta Control, and Sway Calloway's Sway in the Morning. He also “works regularly with youth, running hip-hop workshops in Brooklyn's toughest schools and Rikers Island's juvenile programs.” » https://www.twitter.com/TeamNDL» https://www.napoleondalegend.comFind Nomiki on:Twitter: http://www.twitter.com/NomikiKonst » http://www.twitter.com/TheNomikiShow IG: https://www.instagram.com/thenomikishow» https://www.instagram.com/nomikikonstYouTube: https://www.youtube.com//TheNomikiShowFacebook: https://www.facebook.com/nomikikonstMusic Credits: Ohayo by Smith The Mister https://smiththemister.bandcamp.com Smith The Mister https://bit.ly/Smith-The-Mister-YT Free Download / Stream: https://bit.ly/_ohayo Music promoted by Audio Library https://youtu.be/bzCw4RyFqHo Mi-Lo by Smith The Mister https://smiththemister.bandcamp.com Smith The Mister https://bit.ly/Smith-The-Mister-YT Free Download / Stream: https://bit.ly/mi-lo Music promoted by Audio Library https://youtu.be/--4tHbTT97g

http://www.patreon.com/thenomikishow » We need your support! Make sure to click Like & Subscribe! And we encourage you to join us on Patreon as a Patron for as low as $5/month! David Dayen is the Executive Editor of the American Prospect. and joins us to discuss Biden's first year and the trajectory of austerity that we're on. His work has appeared in The Intercept, The New Republic, HuffPost, The Washington Post, the Los Angeles Times, and many others. He is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud, which won the Studs and Ida Terkel Prize. His latest book, Monopolized: Life in the Age of Corporate Power was released in July 2020.» https://www.twitter.com/ddayen» https://prospect.org/politics/democratic-inaction-will-lead-us-back-to-austerity/» https://prospect.org/politics/there-is-a-bully-pulpit-biden/Benjamin Dixon joins us for Solidarity Wednesday! He is the host of the Benjamin Dixon Morning Show podcast and Youtube Show.» https://www.twitter.com/BenjaminPDixon» https://www.Patreon.com/TheBpDShowPanel:Julia Doubleday is the Deputy Director of Committee. She was the campaign manager for Julie Oliver's Congressional campaign in Texas' 25th Congressional District. She also worked on Beto O'Rourke's 2018 and Bernie Sanders' 2017 campaigns.» https://www.twitter.com/juliamarieokNapoleon da Legendis a “Brooklyn-based artist who uses his voice as a weapon of hope, social-critique, conquest, and joy.” He has been featured on Statik Selekta's Show Off Radio Show, Tony Touch's Toca Tuesdays, DJ Eclipse's Rap is Outta Control, and Sway Calloway's Sway in the Morning. He also “works regularly with youth, running hip-hop workshops in Brooklyn's toughest schools and Rikers Island's juvenile programs.” » https://www.twitter.com/TeamNDL» https://www.napoleondalegend.comCheck out today's sponsor: Sunset Lake CBD is a majority employee owned farm in Vermont producing 100% pesticide free CBD products. Great company, great product and fans of the show! Use promo code NOMI for 20% off your entire order at https://sunsetlakecbd.comFind Nomiki on:Twitter: http://www.twitter.com/NomikiKonst » http://www.twitter.com/TheNomikiShow IG: https://www.instagram.com/thenomikishow» https://www.instagram.com/nomikikonstYouTube: https://www.youtube.com//TheNomikiShowFacebook: https://www.facebook.com/nomikikonstMusic Credits: Ohayo by Smith The Mister https://smiththemister.bandcamp.com Smith The Mister https://bit.ly/Smith-The-Mister-YT Free Download / Stream: https://bit.ly/_ohayo Music promoted by Audio Library https://youtu.be/bzCw4RyFqHo Mi-Lo by Smith The Mister https://smiththemister.bandcamp.com Smith The Mister https://bit.ly/Smith-The-Mister-YT Free Download / Stream: https://bit.ly/mi-lo Music promoted by Audio Library https://youtu.be/--4tHbTT97g

Every company you can think of has benefitted from a public investment. Whether it's direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies. David Dayen, the executive editor of The American Prospect, and Financial Times associate editor Rana Foroohar join Nick and Zach to explain how we let corporate parasites get so out of control—and what we can do about it. This episode was originally recorded and released in January 2020.  Rana Foroohar is Global Business Columnist and an Associate Editor at the Financial Times. She is also CNN's global economic analyst. She is the author of Makers and Takers: The Rise of Finance and the Fall of American Business and Don't Be Evil: How Big Tech Betrayed Its Founding Principles and All of Us. Twitter: @RanaForoohar David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud.  Twitter: @ddayen Confronting the parasite economy: https://prospect.org/labor/confronting-parasite-economy/ Makers and Takers: https://www.ranaforoohar.com/makersandtakers How to Cure Corporate America's Selfishness: https://newrepublic.com/article/150695/cure-corporate-americas-selfishness Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer

We appear to be entering a new political era in America where Reagan's lie that "government is the problem" and Clinton's declaration that "big government is over" is finally coming to an end. Good Riddance! After decades of cruel, inhumane and unjust economic policies that favored cutting government services, redistributing wealth upwards, and always prioritizing private, for-profit industry over the needs of the people, the political winds have shifted, and they are blowing heavily to the left. And Joe Biden, who has spent a political career on the wrong side of many of these issues, is now embracing the belief that big, good government that spends massive amounts of money to meet the needs of the people is how he wants to lead the country. After passing the $1.9 trillion American Recovery Bill, the next Biden initiative is a multi-trillion dollar infrastructure plan. Michael is joined by David Dayen, Executive Editor of the American Prospect, to discuss this political realignment and detail what the infrastructure plan might do for America's roads, bridges, water pipes, broadband internet, railroads, along with the postal service. They also discuss how stimulus checks and vaccine shots are raising the belief that government can and should be a positive force for good in helping peoples' lives. Read The American Prospect: https://prospect.org/ Read David's excellent books: "Monopolized: Life in the Age of Corporate Power" https://bookshop.org/a/1381/9781620975411 "Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud" https://bookshop.org/a/1381/9781620973509 Watch the Oscar-nominated film Michael mentioned: https://www.netflix.com/title/81045007 Music in the episode: "The House That Jack Built" - Aretha Franklin https://open.spotify.com/track/3uK6SqdNXutPBNi6vUenpt?si=346d9a33b68c48b6 "Wrecking Ball" - Miley Cyrus https://open.spotify.com/track/4XmVobxVa6CeiWojbjCYxz?si=68a51288741047f0 --- Send in a voice message: https://anchor.fm/rumble-with-michael-moore/message

On the "complicated" side of "evil and complicated" that makes up our show's motto, we present the story of the gravely-voiced Congressman who blazed trails for gay political involvement at the highest levels of power in Washington, only to spend the latter part of his career selling out the left to finance capital and excluding trans people from fights for non-discrimination legislation. Whip-smart, funny, and always ready with a biting comeback, Barney Frank came to embody the transformation of the Democratic Party away from the working class and towards a suburban party preoccupied with shallow diversity rather than true racial and economic justice. ----more---- SOURCES: Aloisi, James. “Louise Day Hicks: ‘You Know Where I Stand.’” CommonWealth Magazine, October 16, 2013. https://commonwealthmagazine.org/politics/012-louise-day-hicks-you-know-where-i-stand/.   Battenfeld, Joe. “Barney Frank Resurfaces, to the Dismay of Bernie Sanders.” Boston Herald, January 29, 2020. https://www.bostonherald.com/2020/01/28/barney-frank-resurfaces-to-the-dismay-of-bernie-sanders/.   Chotiner, Isaac. “Barney Frank Is Not Impressed By Bernie Sanders.” Slate Magazine, March 30, 2016. https://slate.com/news-and-politics/2016/03/barney-frank-is-not-impressed-by-bernie-sanders.html.   Cottle, Michelle. “Bailout.” The New Republic, December 3, 2008. https://newrepublic.com/article/62857/bailout. Dayen, David. Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. New York, NY: The New Press, 2016.   ———. “Bank Deregulation 2.0 Is Here.” The American Prospect, July 18, 2018. https://prospect.org/api/content/eaadfd42-4d07-5e1f-b580-4b75f1860cc4/.   ———. “Dismantling Dodd-Frank -- And More.” The American Prospect, February 6, 2017. https://prospect.org/api/content/da53d9a4-10ff-57f6-97d0-a09f91c8cbd4/.   Dedman, Bill. “TV Movie Led to Prostitute’s Disclosures.” The Washington Post, August 27, 1989. https://www.washingtonpost.com/wp-srv/local/longterm/tours/scandal/gobie2.htm.   Frank, Barney. “My Life as a Gay Congressman.” Politico Magazone. Accessed April 13, 2020. http://www.politico.com/magazine/story/2015/03/barney-frank-life-as-gay-congressman-116027.html.   Geismer, Lily. Don’t Blame Us: Suburban Liberals and the Transformation of the Democratic Party. Princeton, NJ: Princeton University Press, 2014.    Henwood, Doug. “Radio Commentary, July 15, 2010.” LBO News from Doug Henwood (blog), July 16, 2010. https://lbo-news.com/2010/07/16/radio-commentary-july-15-2010/.   Molloy, Parker. “What Barney Frank Still Gets Wrong on ENDA.” The Advocate, October 1, 2014. http://www.advocate.com/commentary/2014/10/01/op-ed-what-barney-frank-still-gets-wrong-enda.   Schleier, Curt. “Barney Frank on Being Barney, Not Bernie.” Times of Israel. Accessed April 13, 2020. http://www.timesofisrael.com/barney-frank-on-being-barney-not-bernie/.   Sirota, David. “A ‘Grand Bargain’...For K Street.” HuffPost (blog), December 8, 2006. https://www.huffpost.com/entry/a-grand-bargainfor-k-stre_b_35853.   ———. “Four Reasons to Oppose the Bush-Obama Request for Another $350 Billion Bailout.” Common Dreams. Accessed April 13, 2020. https://www.commondreams.org/views/2009/01/13/four-reasons-oppose-bush-obama-request-another-350-billion-bailout.   Toobin, Jeffrey. “Barney’s Great Adventure.” The New Yorker, January 5, 2009. https://www.newyorker.com/magazine/2009/01/12/barneys-great-adventure.   Our intro music is Arpeggia Colorix by Yann Terrien, downloaded from WFMU's Free Music Archive and distributed under a Creative Commons Attribution-ShareAlike License. Our outro music is by DJ Michaeloswell Graphicsdesigner.

David Dayen is the executive editor of The American Prospect magazine. He is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud, winner of the Studs and Ida Terkel Prize. His next book, Monopolized: Life in the Age of Corporate Power, will be released in June. His work has also appeared in The Nation, The Intercept, The New Republic, Vice, HuffPost, the Washington Post, the Los Angeles Times, and more. He has been a guest on MSNBC, CNN, Bloomberg, CNBC, NPR, and Pacifica Radio. He lives in Los Angeles.

Guest: Professor Linda Bilmes is Daniel Patrick Moynihan Senior Lecturer in Public Policy and Public Finance at Harvard Kennedy School. She was Assistant Secretary and Chief Financial Officer of the US Department of Commerce during the Clinton administration. She has co-authored multiple books, including The Three Trillion Dollar War (with Nobel laureate Joseph Stiglitz).   Guest: David Dayen is the executive editor of The American Prospect where he's been writing the column Unsanitized: The COVID-19 Daily Report.  He is the author of the book, Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud. The post Government and Public Policy in Times of Crisis appeared first on KPFA.

Every company you can think of has benefitted from a public investment. Whether it’s direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies.  David Dayen, the executive editor of The American Prospect, and Financial Times associate editor Rana Foroohar join Nick and Zach to explain how we let corporate parasites get so out of control—and what we can do about it.  News clips credit: CNBC, KING 5, NPR, Democracy Now! Rana Foroohar is Global Business Columnist and an Associate Editor at the Financial Times. She is also CNN’s global economic analyst. She is the author of Makers and Takers: The Rise of Finance and the Fall of American Business and Don’t Be Evil: How Big Tech Betrayed Its Founding Principles and All of Us. Twitter: @RanaForoohar / @FT / @CNN David Dayen is the executive editor of The American Prospect. His work has appeared in The Intercept, The New Republic, HuffPost, The Washington Post, the Los Angeles Times, and more. His is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud.  Twitter: @ddayen / @theprospect Further reading:  Confronting the parasite economy: https://prospect.org/labor/confronting-parasite-economy/ Makers and Takers: https://www.ranaforoohar.com/makersandtakers How to Cure Corporate America’s Selfishness: https://newrepublic.com/article/150695/cure-corporate-americas-selfishness Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices

David Dayen is a contributing writer The Intercept and a weekly columnist for the New Republic. He is the author of the book Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud., and he’s shortly to become the executive editor of the American Prospect. We talked about his article How Vaping … Continue reading "CO107 David Dayen on the Economics of Vaping"

David Dayen is a contributing writer The Intercept and a weekly columnist for the New Republic. He is the author of the book Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud., and he’s shortly to become the executive editor of the American Prospect. We talked about his article How Vaping … Continue reading "CO107 David Dayen on the Economics of Vaping"

In this episode, Stacy Mitchell, ILSR's co-director, chats with author and journalist David Dayen. David is the author of the acclaimed book Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud, which was named the winner of Studs and Ida Terkel Prize. David is also the Goodman Fellow at In These Times and a contributing writer to the Intercept and New Republic. David's work focuses on the underlying policies that allow the big and powerful to rig the economy and get away with it. He's great at shining a light on corruption and connecting the dots between systems of injustice and people's everyday experiences — whether that's paying exorbitant airline ticket prices or losing a home to foreclosure. Stacy and David discuss: how candidates are talking about corporate concentration on the campaign trail, the ten-year anniversary of the financial crisis and what today's reporting about it is getting wrong, bringing local control back into politics, how we ended up with a two-tiered criminal justice system that's soft on fraud, and what makes a good story for investigative journalism.   J.D. Scholten is running in a farm state and he is really looking at issues of big agriculture, monopoly power in the farming sector… issues that are really very immediate for Iowa families, particularly farmers. So, that's a way to bring these issues to a very direct and immediate level. When you're talking about family farm financing, when you're talking about the systems by which seed monopolies or livestock monopolies make it difficult for the livelihoods of family farmers. That's a way to really bring those messages [around corruption and corporate power] into focus. Related Resources David Dayen Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud The Rise and Fall of the Word ‘Monopoly' in American Life by Stacy Mitchell, The Atlantic Crashed: How a Decade of Financial Crises Changed the World by Adam Tooze The Ticket Monopoly is Worse Than Ever (Thanks, Obama) by David Dayen, The New Republic Unfriendly Skies by David Dayen, The American Prospect Below the Surface of ICE: The Corporations Profiting From Immigrant Detention by David Dayen, In These Times Big Banks Were Meant to Gain From Bipartisan Deregulation Bill All Along, Senate Letter Reveals by David Dayen, The Intercept The Hidden Monopolies That Raise Drug Prices by David Dayen, The American Prospect Transcript Stacy Mitchell: Hello and welcome to Building Local Power. I'm Stacy Mitchell of the Institute for Local Self-Reliance. The 2018 midterm elections are just weeks away and they're taking place against a backdrop of unprecedented corporate power and widespread corruption. We have Wall Street banks that are rewriting the rules for how we regulate banks for their own benefit. We have Jeff Bezos emerging as the richest person in the world with a net worth of around 160 billion dollars, even as median wages for ordinary people haven't budged in more than two decades. We have private tech companies that are profiting from our immigration policies. Everywhere it seems the structural imbalance of power is becoming ever more apparent and deeply troubling. One journalist who has been working tirelessly to shine a light on injustice and corruption is my guest today, David Dayen. What I love about David's work is that it isn't just about bad actors, it's about the underlying policies that allow the big and powerful to rig the economy and get away with it. With the election coming up, I was eager to get David on the show to see if he sees any signs of hope in what candidates are talking about on the campaign trail. I also want to ask him about being an investigative reporter, how he looks for stories and what makes a good story. David is the author of a really terrific book that if you haven't read you should. It's called Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great F...

Investigative journalist and author David Dayen (Vice; The New Republic; The Intercept) talks about his book, "Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud." Michael Redman, Lisa Epstein and Lynn Szymoniak were served with foreclosure papers during the height of the recession. Instead of silently surrendering to the banks and vacating their homes, they started a movement that exposed the biggest consumer crime case in American history.  Intro/outro music by Kevin Macleod (Incompetech.com) 

David Dayen, author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud answers the question, “Was Obama good for America on finances?”.

David will be speaking at SPACE Architecture + Design this Thursday. The event is free and open to the public, but you are asked to please click here to register. The event is presented by nextSTL and Left Bank Books. Copies of Chain of Title will be available to purchase. _________ In this episode we speak with David Dayen, author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud, published in May of this year. David was awarded the Studs and Ida Terkel Prize, awarded annually to a first-time author who demonstrates a "commitment to exploring aspects of America that are underrepresented by mainstream media". We discuss the broad, national foreclosure crisis, which was (and is) really is criminal mortgage fraud. The centuries old basic tenant of American land ownership is being undermined. At times, who owns a home can't be proven. Millions of Americans have experienced foreclosure, some are still in their homes, banks have paused proceedings in places where home prices have not yet rebounded. While the "crisis" may seem to be our rearview mirror, its effects are long lasting and will take decades to be resolved. While centered in the "sand states" of Florida, Arizona, Nevada, and California, where the majority of new home construction occurred in the past decade, cash out, interest-only, and adjustable rate mortgages were (and are) common in Missouri. In St. Louis, mortgage products often focused on the African-American homeowner, who may have had equity in their homes. David Dayen is a journalist who writes about economics and finance. He is a contributing writer to Salon.com and The Intercept, and a weekly columnist for The Fiscal Times and The New Republic. He also writes for The American Prospect, Vice, The Huffington Post, and more. He has been a guest on MSNBC, CNN, Bloomberg, Al Jazeera, Russia Today, NPR, Pacifica Radio and Air America Radio. He lives in Los Angeles, where prior to writing about politics he had a 15-year career as a television producer and editor. Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud David Dayen recent articles and more on Tumblr

Heather "Digby" Parton from Hullaballoo, talks to Sam Seder about Primary Results this week, and they will try to recall another Presidential Candidate that has less public service or military record than Donald Trump. And, And David Dayen, will be here to “finally” discuss his new book, “Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud” if you want the full 3 hour show commercial free, become a member. You'll get the full access to Ring of Fire content and you'll help support the show. I Just go to www.rofpodcast.com sign up!

Chain of Title by David Dayen.  How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud. Salon and recent recipient of the Ida and Studs Terkel Prize, Author David Dayen joins Neil Garfield tonight on the Neil Garfield Show.  David Dayen will share insights on his book Chain of Title that was released last week.  This will be one of Neil's most interesting guests. The book, Chain of Title, explores the lives of three ordinary Florida residents facing foreclosure that decided to take on the ominous ‘Foreclosure Machine' that includes powerful banks, biased courts and delivers few slivers of justice. In the depths of the Great Recession, a cancer nurse, a car dealership worker, and an insurance fraud specialist helped uncover the largest consumer crime in American history—a scandal that implicated dozens of major executives on Wall Street. They called it foreclosure fraud: millions of families were kicked out of their homes based on false evidence by mortgage companies that had no legal right to foreclose. Lisa Epstein, Michael Redman, and Lynn Szymoniak did not work in government or law enforcement. They had no history of anticorporate activism. Instead they were all foreclosure victims, and while struggling with their shame and isolation they committed a revolutionary act: closely reading their mortgage documents, discovering the deceit behind them, and building a movement to expose it. David Dayen recounts how these ordinary Floridians challenged the most powerful institutions in America armed only with the truth—and for a brief moment they brought the corrupt financial industry to its knees.