The Fortress Investment Group, a hedge fund in New York, is one of the firms at the forefront of picking through mortgages. Fortress created a $3 billion credit fund in 2008 partly to buy loans from banks like Citigroup, which were under pressure to purge loans to raise cash.

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Opinion: The New York Times Rambles, and Mangles Mortgages Along The Way Housing Wire, Oct. 29, 2014–Garrison, Trey Commenting on the New York Times editorial More Renting, Less Risk for Wall Street, HousingWire noted "mortgage finance and mortgage regulation aren’t the paper’s strong suits."

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Retire earlier by relocating to a cheaper city, how the federal deficit is like a mortgage and other consumer news from The Times. Thursday Reading: How Deficits Are Like Mortgages – The New York Times

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Experian: More homeowners going back to paying their mortgage Your credit score. certainly pay more. Between your mortgage payment, insurance and associated costs, it costs 54% more on average to own than to rent. Be ready for this. If you haven’t planned.

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