Education Michael Hudson (reporter)
1 education
1.1 career
1.2 subprime mortgage reporting
1.3 center public integrity
1.4 books
1.5 awards
1.6 publications , broadcast appearances
education
hudson born in richmond, virginia , grew in franklin county, virginia. graduated washington , lee university in 1985.
early career
hudson worked staff writer roanoke times , wall street journal. hudson former senior investigator center responsible lending.
subprime mortgage reporting
columbia journalism review has called hudson reporter “beat world on subprime abuses” , credited him being ahead of rest of media in exposing fraudulent lending practices driving causes of mortgage crisis. businessjournalism.org has called him guru of things predatory lending. hudson began investigating subprime mortgage industry in 1990s.
in february 2005, hudson , los angeles times staff writer scott reckard broke story “boiler room” sales tactics @ ameriquest mortgage, flagship company of nation’s largest subprime lending operation , sponsor of 2005 super bowl half-time show. columbia journalism review called “boiler room” story , follow-up piece “[t]wo of revealing stories on culture overtook lending industry.” in january 2006, ameriquest agreed pay $325 million predatory lending settlement in 49 states , district of columbia.
in june 2008, ireland’s sunday business post cited hudson’s 1996 book, merchants of misery, “describ[ing], in great detail, how mortgage-backed securities invented in 1980s making large pool of money available shady lenders making predatory loans poor customers @ high rates.”
hudson appeared in documentary film maxed out: hard times, easy credit , era of predatory lenders.
center public integrity
at center public integrity, hudson focused on whistleblower issues , other financial stories. work included series of articles, great mortgage cover-up, treatment of whistleblowers reported fraud inside u.s. mortgage industry. series identified 63 former employees @ 20 financial institutions claim fired or demoted reporting fraud or refusing commit fraud. follow-up piece focused on story of general electric co.’s foray subprime in 2004-07, reporting on 8 former employees of ge’s wmc mortgage unit management brushed them aside when flagged loans supported falsified documents, inflated incomes or other legerdemain. first installment in series selected appear in columbia journalism review s best business writing 2012.
books
hudson edited merchants of misery: how corporate america profits poverty. author of monster: how gang of predatory lenders , wall street bankers fleeced america – , spawned global crisis, published in october 2010 st. martin s press. book focuses on 2 firms – ameriquest mortgage , lehman brothers – key players in rise , fall of subprime mortgage industry. named 2010 book of year baltimore city paper.
awards
hudson shared john hancock award financial reporting , sidney hillman award social justice journalism stories in southern exposure magazine’s fall 1993 issue titled “poverty inc.,” subprime lenders , other businesses market low-income , minority consumers. stories named finalist national magazine award. hudson shared george polk award magazine reporting , harry chapin media award stories published in southern exposure citigroup’s subprime mortgage lending operations.
hudson s work on great mortgage cover-up recognized excellence in financial journalism award new york state society of certified public accountants 2 best-in-business awards society of american business editors , writers.
for work @ icij, has shared numerous accolades, including barlett , steele gold medal, investigative reporters , editors award, scripps-howard award business/economic reporting, 2 george polk awards, spj/sigma delta chi award online investigative reporting , 3 new york press club awards online business reporting. icij s world bank investigation, hudson led project editor , reporter/writer, won dozen honors, including overseas press club award, national headliner award , online news association award innovation in investigative reporting (large media category).
publications , broadcast appearances
hudson s writing has appeared in number of publications, including le monde, el pais, sydney morning herald, forbes, hill, new york times, washington post, aarp: magazine, huffington post, washington monthly , national law journal. has appeared on c-span, nbc nightly news, , national public radio’s morning edition, talk of nation, , fresh air terry gross. hudson has been interviewed mother jones.
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