Robo-Signers, Foreclosures and the Battered Housing Market
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Massive foreclosure fraud threatens economic recovery, and it’s exposed a disturbing question: who really owns the mortgage on your home?
Also, talking with the Taliban, and as China's Communist Party starts its annual meeting, a surprising call for greater press freedom.
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Talking with the Taliban ()
There's new evidence that the US is supporting negotiations aimed at ending the war in Afghanistan. Senior Taliban leaders are being allowed to attend talks in Kabul. Julian Barnes is Pentagon correspondent for the Wall Street Journal.
Home Foreclosures and Economic Recovery ()
For the first time in a single month, September saw more than 100,000 home foreclosures. Foreclosure sales are now one-third of the housing market. At the same time, the attorneys general of all 50 states are investigating claims of foreclosure fraud by the entire banking industry. Where is Washington? Is it time for a foreclosure moratorium, or would that bring a grinding halt to the housing market and a threat to economic recovery? We hear the details of foreclosure fraud and why lending practices mean that nobody knows who really own millions of houses.
- Ariana Cha: Reporter, Washington Post
- Peter Ticktin: Attorney, Ticktin Law Group
- Rick Sharga: Vice President, RealtyTrac, @ricksharga
- Richard Blumenthal: Connecticut Attorney General
- Michael Hudson: Staff Writer, Center for Public Integrity
Chinese Communist Party Elders Call for End to Censorship ()
When Chinese dissident Liu Xiaobo won the Nobel Peace Prize this week, his government tried to censor the information. Now some party leaders, including a secretary to the late Mao Zedong, say it's time for greater openness. Tomorrow, 300 Chinese Communist Party leaders will begin their annual meeting and one issue will be the prospects for political reform. Twenty-three retired officials are challenging the current government to allow more press freedom. Shanghai-based Adam Minter writes for Foreign Policy, the Atlantic and other publications.
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