This study (pdf) does an excellent job of concisely summarizing the role of the agencies during the bubble, while this article discusses the faulty housing-price models that the agencies relied on in rating mortgage-backed securities over the past decade.
The suit is among the 18 the FHFA filed in 2011 over faulty mortgage bonds that housing giants Fannie Mae and Freddie Mac bought as supposedly safe investments during the housing boom.
The shrewd critic of dehumanized housing and faulty design is still evident, and has applied some of her sharp observations and her municipal political experience to the analysis of urban activities as a whole.
"This number around 80percentt is not a number we have not seen before," Brescia said, referring to both the issuing of faulty loans during the housing bubble and the foreclosure crisis that followed.
These people have no knowledge of microwave towers or faulty wiring in the house or other sources of electromagnetism.
He pointed out, for example, that if a faulty wire in a house leaks voltage, the wire blows a fuse, minimizing the risk of someone being electrocuted.
For the last several months, the Hunters have been camped out in the side yard in a trailer -- uncomfortable mattresses and all -- because faulty drywall left the house smelling awful.
"The most common cause of carbon monoxide in a house is faulty heating equipment," Mr. Bellini said, pointing out that cracked or improperly sealed vent pipes from the furnace or boiler could allow carbon monoxide to escape into living areas.
Franco's frustrations were compounded by the fact he was mildly electrocuted every time he took a shower at his house, where faulty wiring electrified the shower floor and faucet handles.
But they are careful to publicize their raids as efforts to break up vicious Asian gangs, to protect children from fires in houses with faulty wiring, or to break up smuggling rings where hockey bags stuffed with marijuana are traded for guns and hard drugs from the United States.
They were overcome by fumes from a faulty hot water boiler housed in an outbuilding, jurors heard.
