Homewreckers

How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions out of Their Homes and Demolished the American Dream

By: Aaron Glantz

Narrated by: Paul Bellantoni

In the spirit of Evicted, Bait and Switch, and The Big Short, a shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class - among them, Donald Trump and his inner circle.

Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy”, he said. But our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes - their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money - and the Obama administration’s promise to cover their losses.

In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

©2019 Aaron Glantz (P)2019 HarperAudio

A must read for every American!

Of and by the people? Then the people need to know What's really going on.

A very informative book on the housing crisis

As a former real estate investor that lost all my properties during the housing crisis of 2008, Aaron has done a fantastic job of explaining how wealth was transferred during this time period. A must read!

compelling topic presented in a simple way

The story raised my blood pressure but it was very interesting and informative. the narration was excellent and everything was explained in a way that makes sense to someone who doesnt understand the financial world

Despicable and deplorable actions of the 1%

to widen the wealth gap at expense of American citizens orchestrated by the White House

blew our minds

every minority in america should read / listen it’s definitely and eye opener. Def have a better understanding of this crooked country

Wrecking The American Dream

Everyone wants to own a home & partake in an adventure that will allow them to live free & one day realize serenity. An added bonus is that the house will increase in value and there will be money to help them live comfortably. Then along come the greedy bastards who want to make money by robbing people of their dreams. The author Aaron Glantz lays out the path the robbers took & how we might change direction to a different path.

Explains the flaws in US banking system

Excellent book! succinctly explains why the market collapsed who collapsed it most importantly what they're doing now to set up what is likely to be an even worse real estate collapse in 2021!

Great source of truth

Beautifully structured and systematic approach to unwrapping the truth. Everyone who owns a small business and a home needs to read this book!

Overall good book about the housing bubble and aftermath.

It was well researched and written. It talked about the housing bubble in a way that the average person could under but still gave good information. The only criticism I have is that the authors bias is well known throughout the book, nevertheless the information given is helpful in understanding the aftermath of the housing bubble.

Very informative

I loved everything about this book ! Being renting from a shell company myself I totally understand all what goes on behind the scenes. High recommended to any wanting to know truth behind these shell companies and other