Archive

Category: Black Politics

Whose “Fault” Is the Government Shutdown?

Miguel Juarez Lugo via ZUMA Looking for news you can trust?Subscribe to our free newsletters. “Why aren’t you writing anything about the shutdown?” The masses demand to know what’s up. Well, I’ve been busy with some other stuff this weekend, and anyway, I’m not even sure what to say. Let’s start with an obvious point:…

A Decade After the Great Recession, We’re Outsourcing Home Appraisals to India

Manuel Romano/NurPhoto via ZUMA Looking for news you can trust?Subscribe to our free newsletters. The Wall Street Journal reports that banks are getting tired of performing actual appraisals for high-volume home loans—the kind that get packaged into mortgage-based securities—and are turning instead to less rigorous broker price opinions: Now these perfunctory valuations abound, underpinning tens…