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Mortage Fraud, Tax Limbo, Apple Comes To Ballard & Low Low Rates

There are unconfirmed reports that Apple has opened a temporary office in Ballard in a Regus facility, 1455 N.W. Leary Way. News site GeekWire reported that Apple is operating in Ballard.

Apple takes a bite out of Ballard. What’s next? – PSBJ

Mortgage-debt relief twists in tax limbo – Seattle Times

Average US 30-year loan rate slips to 4.01 pct. – Seattle Times

Cinerama reopens with snazzy seats, better sound — and beer and wine – Seattle Times

 

A depressing yet fascinating look into the pure fraud conducted by lenders leading up to the 2008 financial crisis…

A year ago this month the U.S. Department of Justice announced that the banking giant JPMorgan Chase would avoid criminal charges by agreeing to pay $13 billion to settle claims that it had routinely overstated the quality of mortgages it was selling to investors. But how did the bank avoid prosecution for committing fraud that helped cause the 2008 financial crisis? Today we speak to JPMorgan Chase whistleblower Alayne Fleischmann in her first televised interview discussing how she witnessed “massive criminal securities fraud” in the bank’s mortgage operations. She is profiled in Matt Taibbi’s new Rolling Stone investigation, “The $9 Billion Witness: Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking.”

Bank Whistleblower on How JPMorgan Chase Helped Wreck the Economy – Democracy Now

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare – Rolling Stone