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Deal reached over abusive foreclosure practices
Jeremy Hobson Feb 9, 2012
Nearly all the states and the federal government, and five of the nation's largest banks, have reportedly reached a $25 billion settlement over abusive foreclosure practices. Around 750,000 victims of foreclosure fraud will get checks for just about $1,800.
Banks to dole out compensation to homeowners
David Gura Feb 13, 2012
A settlement has been reached between state attorneys general and five major banks, but the problems of the housing market in the U.S. are far from over.
How do Americans feel about the banks?
Frank Newport Feb 9, 2012
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.
Some banks offer extra incentive to short sell homes
David Brancaccio Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
New foreclosure numbers sound good, but...
Adriene Hill Feb 8, 2012
Foreclosures are down, but a legal settlement may change the outlook.
States could get billions from 'Robosigning' banks
Mitchell Hartman Feb 13, 2012
Monday is the deadline for states to sign onto a settlement with the nation's largest banks over abusive foreclosure practices. The deal would reportedly force banks to pay billions of dollars to people who lost their homes.
Foreclosed: The housing crisis in Las Vegas
Kai Ryssdal Feb 3, 2012
Las Vegas currently holds the title for the city with the highest number of foreclosures in the country. Here, an inside look at the way people are dealing with this crisis.
Former British banker gets knighthood revoked
Stephen Beard Feb 1, 2012
Fred Goodwin led the Royal Bank of Scotland when it nearly collapsed during the financial crisis in 2008. The queen has now taken away his title of knight, leaving him in some less-than-honorable company.
Criminal charges expected for ex-Credit Suisse traders
Nancy Marshall-Genzer Feb 1, 2012
The government is expected to file criminal charges today against two former traders at the investment bank Credit Suisse for allegedly misstating the value of mortgage bonds back in 2008.
What to do if you're living next to a foreclosed home
David Lazarus Feb 1, 2012
According to one study, the average hit to a home near a foreclosed home is over $7,000 in property value. What you and your neighbors could do if an abandoned property is in the neighborhood.
