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Chain of Title : How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud
by David Dayen


Overview - 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.  Read more...

 
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    Chain of Title (Audio MP3 CD)
    Published: 2016-10-11
    Publisher: Audible Studios on Brilliance
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More About Chain of Title by David Dayen
 
 
 
Overview
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.
Fiscal Times columnist 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.

 
Details
  • ISBN-13: 9781620971581
  • ISBN-10: 1620971585
  • Publisher: New Press
  • Publish Date: May 2016
  • Page Count: 320


Related Categories

Books > Business & Economics > Real Estate - Mortgages
Books > Business & Economics > Industries - Financial Services
Books > Political Science > Corruption & Misconduct

 
Publishers Weekly Reviews

Publishers Weekly® Reviews

  • Reviewed in: Publishers Weekly, page .
  • Review Date: 2016-03-28
  • Reviewer: Staff

Dayen, a contributing writer for Salon and the Intercept, elevates a muckraking exposé of fraudulent foreclosures to Hitchcockian levels of suspense. His absorbing account grabs the reader early on and doesn’t let go as he describes how oncology nurse Lisa Epstein, car dealership sales manager Michael Redman, and insurance lawyer Lynn Szymoniak challenged the big banks. The story’s principals sacrifice marriages and careers—Szymoniak even reports receiving a death threat—to spread the truth about Wall Street’s illegal foreclosure practices. Dayen has a novelist’s eye, and he captures not only the quotidian existences of his subjects but the magnitude of their obsession. At one point, Epstein, a single mother who has quit her full-time job, threatens to run for office against the incumbent clerk of courts of Palm Beach County in order to personally combat fraudulent foreclosure filings. Dayen sympathizes with his characters’ passions but maintains a professional distance from their quixoticism. His epilogue chronicles, sadly, the Lilliputian dimensions of their hard-fought victories. Meticulously researched, enthralling, and educational, this addition to the literature of the Great Recession calls out for its own big-screen adaptation. Agent: Andy Ross, Andy Ross Agency. (May)

 
BAM Customer Reviews