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American Banker

OCC's Magical Mystery Foreclosure Review

Joel Sucher | Posted 05.19.2013 | Business
Joel Sucher

Quicker than you can say Office of the Comptroller of the Currency the Obama administration's promise to do justice for over four million foreclosed homeowners has evaporated into the could-have-been ether.

No Justice in Loma...

Joel Sucher | Posted 03.24.2013 | Business
Joel Sucher

Loma, Colo., is a small town, a very small town indeed, but one that Louise Davidson had called home until she was until she was evicted in April 2012 by Fannie Mae, the owner of her mortgage.

On 'Too Big To Fail,' Dodd-Frank Is Too Small To Work

The Huffington Post | Alexander Eichler | Posted 04.06.2012 | Business

As policymakers continue to spar over how much the nation's big banks should be reined in, many people have lost faith in the idea that it will ever h...

Occupy Wall Street Needs Voice From Main Street

David Paul | Posted 12.09.2011 | Business
David Paul

So far, one group has been fairly quiet, if the point is to address the undue political clout and financial power -- to say nothing of economic risk -- now manifest in our leading banks. It is the voice of the American banker.

BofA Signs HUD Pact Worth Millions Over Faulty Loss Mitigation

American Banker | Kate Berry and Jeff Horwitz | Posted 10.04.2011 | Business

The Department of Housing and Urban Development has reached a settlement with Bank of America that releases the company from liability for failing to ...

Day of Reckoning Coming Soon on Foreclosure Scandal

Gordon Whitman | Posted 07.12.2011 | Business
Gordon Whitman

The effort to spread misinformation about principal reduction being off the table is part of a coordinated effort by Wall Street banks to confuse on their fraudulent foreclosures practices.