Will California re-join the mortgage settlement process?
Will the state attorneys general ever ink a settlement with top banks and loan servicers over fraudulent mortgage practices? The negotiations have stretched on for so long now that they are becoming
Mortgage settlement talks nearing end
Reuters reports that big consumer mortgage banks have made strong headway recently in their talks with state attorneys general and federal regulators to definitively settle a raft of charges of
New York AG throws wrench in settlement talks
Sometimes, the regulators and the banks really are on the same page. This odd coupling usually crops up unexpectedly. For example, when Judge Jed Rakoff nixed the SEC's settlement with Bank of
Citigroup subpoenaed by California AG
California Attorney General Kamala Harris has issued a subpoena to Citigroup, seeking answers to a wide range of questions about the bank's mortgage practices, according to the Los Angeles Times.
JPMorgan Chase, UBS among latest banks subjected to state investigations
The New York Attorney General Eric Schneiderman has expanded his investigation into mortgage practices by big banks, Bloomberg reports. Schneiderman's office is now looking JPMorgan Chase, UBS and
CFPB Issues Draft Disclosure Forms to Make it Easier to Shop for Mortgages
Consumer Reports Poll: Consumers Have Difficulty Understanding Disclosure Forms and Want Lenders to Make Them Easier to UnderstandWASHINGTON, May 18, 2011 /PRNewswire/ -- The Consumer Financial
Newly Launched FreeDistress.com: Helping Distressed Americans Save the American Dream of Owning a Home
New Real Estate Company FreeDistress Embarks on Mission to Save Millions of American HomesNEW YORK, April 6, 2011 /PRNewswire/ -- The American Dream is to own a home, to live a prosperous life and
Holding big banks accountable for mortgage woes
When it comes to the abusive mortgage practices that fueled the recent boom-bust, the most ire has been reserved for those wacky, near-Mafioso mortgage companies that cropped up quickly and then died
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