mortgage crisis

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Feds sue Bank of America over 'hustle' home loans

Oct 25, 2012
Federal prosecutors in New York are accusing the bank of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac.
Posted In: Bank of America, Countrywide, home loans, mortgage crisis
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Former regulator Sheila Bair on the financial crisis

Sep 25, 2012
It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Posted In: FDIC, financial crisis, mortgage crisis
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Treasury turns $25 billion profit from mortgage securities

Mar 19, 2012
The U.S. Treasury has profited from buying mortgage-backed securities during the financial crisis.
Posted In: U.S. Treasury, mortgage crisis, mortgage-backed securities
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$25 billion foreclosure settlement announced

Feb 9, 2012
Five big banks punished for illegal lending practices.
Posted In: mortgage crisis, robosigning, President Obama, foreclosures, Housing
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"Borrowers Betrayed"

Jul 21, 2008
The Miami Herald has done a good piece of investigative work into how lack of regulation allowed persons with criminal histories to enter the...
Posted In: mortgage crisis

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