The City of Detroit financial documents pertaining to municipal bond contracts and related issues obtained by the Moratorium NOW! Coalition are now ready to the public at detroitdebtmoratorium.org or here at 
DetrotDebtDocs
Foreclosures and Evictions
Pack the Pension Board Meeting, Nov. 15 – Support Paramount Homeowners
Thursday, November 15, 2012 8:45 AM Coleman A. Young Municipal Center 2 Woodward (at Jefferson), Detroit Pack the meeting of the Detroit Firefighters and Police Pension Board in support of Paramount homeowners who are facing […]
Foreclosures and Evictions
High Sheriff of Carroll County NH Announces Criminal Foreclosure Fraud Task Force
Christopher Conley, High Sheriff of Carroll County NH, holds a press conference at the County complex on 7/2/12. He announces that he is forming a task force to investigate mortgage fraud. Fraud is occurring across […]
Foreclosures and Evictions
Pack the Pension Board Meeting, Nov. 29 – Support Paramount Homeowners
Thursday, November 29, 2012 10:30 AM Coleman A. Young Municipal Center, 9th floor 2 Woodward (at Jefferson), Detroit For the first time ever, the Pension Board has agreed to Paramount Homeowners on the Agenda, as […]
How complex were these ‘credit default swaps’ from a interest rate stand-point? Was this a ‘kick-the-can-down-the-road’ transaction(s) because of looming termination or deadline payments the city could not meet, therefore settling for extremely high rates on bond payments?
Shawn Werdlow, former CFO -City of Detroit, now with the Bond and Securities firm Siebert Brandford Shank had to juggle these bonds continuously.