In the midst of a real estate dispute, Jim O'Grady becomes the target of an unusual neighborhood watch group. He told this story onstage at the Moth.
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David and Chana try to track down the actual homeowners in their toxic asset. The toxic asset is made up of 2000 mortgages all over the country.
An angry man in New Orleans seeks revenge against people who bought property that he formerly owned and that was seized by the city. The homeowners find themselves trapped in a morass of paperwork, court visits...and worse.
A hedge fund named Magnetar comes up with an elaborate plan to make money. It sponsors the creation of complicated and ultimately toxic financial securities...while at the same time betting against the very securities it helped create. Planet Money's Alex Blumberg teams up with two investigative reporters from ProPublica, Jake Bernstein and Jesse Eisinger, to tell the story.
If you don't pay the rent on a self storage unit, eventually all of your stuff can go up for auction. But the people bidding aren't allowed to dig around.
When Wells Tower started to try to fix up and save his dad's house, he knew it'd be incredibly hard. Lots of people told him not to.