World-News

Gretchen Morgenson, The New York Times News Service: ''An audit by San Francisco county officials of about 400 recent foreclosures there determined that almost all involved either legal violations or suspicious documentation ... Anecdotal evidence indicating foreclosure abuse has been plentiful since the mortgage boom turned to bust in 2008. But the detailed and comprehensive nature of the San Francisco findings suggest how pervasive foreclosure irregularities may be across the nation.''

http://www.truth-out.org/audit-uncovers-extensive-flaws-foreclosures/1329401435

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Chained and Naked: Loans and Privacy Disclosure Policies
http://lewrockwell.com/rounds/rounds56.1.html

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Irish Home Loans 90+ Days Delinquent Hits 9.2%

Spain Lending Shrinks at Record Pace: Spain and Ireland have economies in shambles over housing bubbles popped long ago. Damage continues to mount. Here are a pair of stories highlighting problems.

http://bit.ly/wxWXfC


From Information Clearing House



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Spain
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ireland
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=housing
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bubble
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=loans
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mortgage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=foreclosure
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Gretchen+Morgenson
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=/rounds
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