Housing

Ed DeMarco’s Refusal on Principal Reductions Grounds for Firing – HuffPo

It’s nice to see more media outlets jumping on my bandwagon…

A look at foreclosure settlement payment amounts by servicer – HousingWire

14-Year-Old Girl Buys a Foreclosed House For $12,000 - Curbed

The Legal Lie at the Heart of the $8.5 Billion Bank of America and Federal/State Mortgage Settlements - Yves Smith

BofA will reduce loans for 200,000 underwater mortgages – USA Today

Just Cause and Occupy Oakland Team Up for Foreclosure Defense - Hella Occupy Oakland

Economy

Who Is Rich These Days? The Income Gap Myth – Fiscal Times

What’s the Most Important Reform for College Financial Aid? – The Atlantic

Generation Stuck: Why Don’t Young People Move, Anymore? – The Atlantic

Once you strip away the pop-science, there is a good and big point at the heart of this piece: Americans don’t move around like we used to. Why? And should we worry?

Greek Students Fight Stray Dogs and Despair Amid College Cuts – Bloomberg

iPad’s impact on the economy - TBP

Misc.

Why Don’t Real Estate Developers Just Ask Us What We Want? – Mass Urban

Amazon’s brilliant plan to pay you crazy money for your iPad 2 – Pando

Boost Your WiFi Signal Using Only a Beer Can – Discovery

Ground Beef Contains Pink Slime – The Onion

According to a U.S. Department of Agriculture whistleblower, 70 percent of all ground beef sold in stores contains “pink slime,” beef trimmings that have had the fat removed and been treated with ammonia to kill bacteria. What do you think?