August 2014

THE STEEP LOSSES OF MORTGAGE-BACKED TRUSTS

August 14, 2014 Lynn Szymoniak

From 2004 through 2007, several trillion dollars in American residential mortgage loans were bundled into pools, usually with about 5,000 loans in each pool. Investors, including many pension funds, bought shares in the income stream (the monthly mortgage payments) from these loan pools.… [Read More]

What I Could Not Tell The Jury in Decatur

August 9, 2014 Lynn Szymoniak

On August 6, 2014, I travelled to Decatur, GA to testify for the defense in the trial of Mark Anthony Harris, Timothy Franzen, Mariam Asad and Daniel Hanley.  Mark Harris was a disabled Gulf War veteran who was evicted from his home in 2012, after losing his home to foreclosure.… [Read More]