If you think subprime lenders are the loan sharks of real estate, then loan servicers–the outfits that collect mortgage money and run the books–are the enforcers. Their job is to keep the dough coming, no matter what.
Tag Archives: private
Coleen Rowley: The Special Agent
Coleen Rowley became enamored with the FBI’s fictionalized ideal long before she heard of the real thing. Her favorite show was The Man from U.N.C.L.E., a spy spoof about two debonair agents who work to save the world from evil.
A Turboprop Built for Trouble
Paul Schaller, a former Silicon Valley pilot and high-tech executive, has spent the past five years getting Quest Aircraft Co., a turboprop manufacturer in Sandpoint, Idaho, off the ground. But just when business was taking shape, he ran into a wicked recession that has made owning a private plane about as politically correct as wearing mink to a PETA convention.
Federal Budget: Don’t Cut Funding for Homeless Veterans
My eyes always cringe at the sight of a homeless veteran.
Aldi: A Grocer for the Recession
Just past noon, Anna Chernova, a 68-year-old retiree, pushed her black metal shopping cart into an Aldi store here. After arriving from Russia 16 years ago, Chernova regularly shopped at conventional supermarkets like Dominick’s and Jewel, but no more
Two Journalists Arrested in Britain’s New Phone-Hacking Probe
When a reporter from Rupert Murdoch’s British Sunday paper the News of the World was jailed, along with a private detective, in 2007 for hacking into the cellphone voicemails of aides to the royal family, the paper insisted it was a one-off — a “rogue reporter” operating without the knowledge or approval of his bosses. That assertion prompted two reactions from those in the U.K
News Trickles Out of Burma’s Fishing Disaster
The earthquake that hit Burma last week wasn’t the deadliest disaster to strike the Southeast Asian nation this month.
Speeders, Say Cheese
Some people get angry. Some stoically accept their fate
An Oregon School for Troubled Teens Is Under Scrutiny
On April 28, the U.S. Supreme Court will hear arguments in a case that has caused anguish in the world of special education and children’s mental health
Why Iran’s Opposition Movement Complicates Nuclear Talks
After more than five months of going it alone, Iran’s opposition Green Movement is reaching out to the United States for help.