June 1, 2012

Edition: U.S.

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Foreclosure Deal

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The Bank Settlement's Flawed -- But Fight Bank Crime, Not Each Other

Richard (RJ) Eskow | Posted 04.11.2012

Read More: Bank Fraud, Bank Settlement Deal, Foreclosure Crisis, Mortgage Crisis, Foreclosure Deal, Mortgage Settlement, Mortgage Deal, Foreclosure Settlement, Video, Politics News

There are doors in this deal -- doors that lead to a better deal for homeowners and a chance at restoring justice. Progressives need to recognize that these doors exist, and then demand that our elected officials use them.

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Foreclosure Deal Would Give States Future Authority To Punish Firms

Reuters | Posted 04.02.2012

Read More: Video, Wrongful Foreclosure, Reuters, Broad Authority, Foreclosure Deal, Mortgage Abuses, Mortgage Deal, Foreclosure Settlement, Mistreat Borrowers, Business News

* States can seek future penalties up to $5 million-documents * Settlement will last for 3-1/2 years * States face end-...

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Official: Banks, Government 'Very Close' To Reaching Major Foreclosure Deal

Reuters | Posted 03.19.2012

Read More: Hud Secretary Foreclosure Deal, Attorney-General-Foreclosures, Foreclosure Crisis, Video, Reuters, Business News, Foreclosure Deal, Foreclosure, HUD Secretary, Foreclosure Settlement, Business News

* HUD's Donovan outlines deal to reduce mortgage principal * Deal would resolve allegations of illegal foreclosures * Se...

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States Near Broad Foreclosure Settlement Deal WIth Major Banks

Posted 12.19.2011

Read More: Foreclosure Crisis, Video, Mortgage Settlement, Robo-Signing, Mortgage Abuse, Foreclosure Deal, Foreclosure, Mortgage Abuse Settlement, Foreclosure Settlement, Business News

WASHINGTON (Aruna Viswanatha) - Talks between U.S. states and top banks over mortgage abuses are nearing agreement on a major sticking point that ...

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House Republicans Amplify Attacks On Elizabeth Warren, Consumer Protection

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

Read More: Elizabeth Warren, Congress, Lynn Westmoreland, Financial Reform, Bachus, Wall Street Reform, Thaddeus McCotter, Federal Reserve, Monetary Policy, Regulation, Obama, Foreclosure Settlment, The Fed, Stephen Lynch, Politics, Mortgages, Cfpb, Payday Lending, Foreclosure Crisis, Neugebauer, Payday Lenders, Mortgage Crisis, Payday Loans, Credit Cards, David Obey, Steve Pearce, Servicers, Sean Duffy, Wall Street, Hearing, Inflation, Consumer Financial Protection Bureau, Huizenga, Foreclosure Deal, Banks, Gary Ackerman, Brad Miller, Politics News

WASHINGTON -- In a hearing marked by openly hostile questioning from House Republicans, consumer advocate Elizabeth Warren made her highly anticipated...

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Foreclosure Protesters Descend On Washington

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

WASHINGTON -- Hundreds of protesters from around the country descended on a meeting of all 50 state attorneys general in the nation's capital on Monda...

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Lawmakers Pushing Back Against Banks' Foreclosure-Settlement Complaints

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

WASHINGTON -- As bank executives push back against the terms of a foreclosure settlement with fees that may be as high as $20 billion, progressive leg...

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Does That Proposed Foreclosure Deal Help Main Street or Wall Street?

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Foreclosures, Treasury Department, Yves Smith, Carney, Wall Street Crimes, Felix Salmon, Barack Obama, Mortgage Fraud, Foreclosure Fraud, Mortgage Fraud Settlement, Foreclosure Deal, Business News

We used a five-point grading process to evaluate the administration's reported proposal. Does the punishment fit the crime?

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