The Bitcoin, the Silk Road, and the FBI

How did the FBI end up with over $3 million in Bitcoins? How did the virtual currency become the medium of choice for transactions on the cybernarcotics site Silk Road? And more important, perhaps – why should we care? The saga of the world’s first digital money...

Social Media Gets a High Profile In BofA’s Fraud Case

If the power and reach of social media in today’s world were ever in doubt, here’s the latest demonstration: a profile on the professional network LinkedIn became the equivalent of a real person in the latest fraud case against perennial defendant Bank of America....

What Happens to Mortgages in a Government Shutdown?

The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government...

Qualified Mortgage Rule Changes Benefit Investors

The Qualified Mortgage Rule – a piece of the Dodd Frank Act designed to prevent another mortgage meltdown like the one in 2008 – has drawn fire from the mortgage industry and consumer advocates alike. And as we’ve noted before in this space, it offers a mixed message...
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