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This Is What Happens When You Get An Eviction Letter And A Cancer Diagnosis

Home Defenders League | Posted 04.14.2013 | Politics
Home Defenders League

For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...

What's in Your Wallet? Hopefully Your Share of the National Mortgage Settlement

Adam Levin | Posted 11.07.2012 | Money
Adam Levin

Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies mortgage servicers are finally being forced to repay some of the billions of dollars they stole from American consumers. Unfortunately, the timing couldn't be worse.

Ben Hallman

The Mortgage Mess: Just How Many Screwups Were There? | Ben Hallman | Posted 05.30.2012 | Business

Trying to count the number of bank screwups during the foreclosure crisis is a little like guessing the amount of change in a huge jar: You can see th...

Mortgage Unit Of Government-Owned Lender Nearing Bankruptcy

Reuters | Posted 07.13.2012 | Business

By Rick Rothacker and Paritosh Bansal NEW YORK, May 13 (Reuters) - Ally Financial Inc's Residential Capital unit is nearing a bankrupt...

Ben Hallman

Home Insurance Abuse Will Survive New Fannie Mae Rules, Critics Say | Ben Hallman | Posted 04.03.2012 | Business

New Fannie Mae rules meant to lessen the cost of expensive bank-imposed home insurance would fail to curb some of the most abusive industry practices,...

Ben Hallman

Mortgage Settlement: The Deal That Divided The Democrats | Ben Hallman | Posted 03.13.2012 | Business

Top law enforcement officers from most of the 50 states gathered last week in Washington, D.C., for the annual spring meeting of state attorneys gener...

Janell Ross

What The Mortgage Settlement Won't Cover | Janell Ross | Posted 02.09.2012 | Business

On September 25, 2010, Monica and Ricardo Zapata should have been out celebrating their tenth wedding anniversary, or enjoying a candlelight dinner in...

White House Foreclosure Prevention Program Had Minimal Oversight: Report

Posted 12.04.2011 | Business

By Paul Kiel, ProPublicaWhy has the administration’s flagship foreclosure prevention program been so ineffective in helping struggling homeowners ge...

Internal Documents Reveal GMAC Engaged In Mortgage Fraud

ProPublica | Paul Kiel | Posted 09.26.2011 | Business

GMAC, one of the nation's largest mortgage servicers, faced a quandary last summer. It wanted to foreclose on a New York City homeowner but lacked the...

Allstate's Three-Month Catastrophe Losses Equal All Of Last Year's

Posted 09.12.2011 | Business

BANGALORE (Aditi Sharma) - Allstate Corp (ALL.N), the largest publicly traded U.S. home and auto insurer, said it sees pre-tax catastrophe losses of $...

Jason Linkins

Retired Floridian Returns Home To Find His Home Foreclosed Upon, By Mistake | Jason Linkins | Posted 08.27.2011 | Business

Here's a friendly reminder to everyone who has summer vacation plans: Before your departure date, it's a good idea to solicit the help of a trusted fr...

WATCH: 60 Minutes' Devastating Look At The Mortgage Crisis

The Huffington Post | William Alden | Posted 06.04.2011 | Business

The mortgage crisis is far from over. 60 Minutes takes a new look at the state of the foreclosure crisis, interviewing homeowners, a regulator and s...

The Most Sued Companies In America

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Believe it or not, BP, which oversaw the largest offshore oil spill in U.S. history, did not draw the most federal lawsuits in 2010. Industrial fi...

Obama Backs Foreclosure Probe By States, But Is Against Moratorium, Gibbs Says

Bloomberg | Roger Runningen and Julianna Goldman | Posted 05.25.2011 | Politics

President Barack Obama is throwing his support behind state attorneys general looking into filings of allegedly faulty home foreclosures while rejecti...

Senate Foreclosure Hearing Set For November

Reuters | Posted 05.25.2011 | Politics

The Senate Banking Committee will hold hearings after next month's elections to look into allegations that the nation's largest lenders have improperl...

Nervous Insurer Halts New Policies Over Banks' Bad Foreclosure Docs

USA Today | Posted 05.25.2011 | Business

Old Republic National Title Insurance, among the nation's largest title insurance companies, will no longer write new policies for homes foreclosed up...

Jonathan Weil: Saving Americans Requires Sticking It To Them

Bloomberg | Jonathan Weil | Posted 05.25.2011 | Business

The banks were saved by the American people. Now who will save the people from the banks?...

'Foreclosure Department Supervisor,' No Experience Necessary

Pro Publica | Marian Wang | Posted 05.25.2011 | Business

For years, banks and other companies handling foreclosures have turned to cheap labor to process the growing volume of foreclosures. At JPMorgan Chase...

Short Sales Resisted Foreclosures Are Revived

The New York Times | Michael Powell | Posted 05.25.2011 | Business

Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. But hard-pressed homeowners like Ly...

The Maine Home That Started The Foreclosure Freeze

The New York Times | David Streitfeld | Posted 05.25.2011 | Business

All of this is largely because Mr. Cox realized almost immediately that Mrs. Bradbury's foreclosure file did not look right. The documents from the le...

Big Banks Will Clean Up This Mess -- When We Demand It

George Goehl | Posted 05.25.2011 | Business
George Goehl

In the years since the nation's largest banks were bailed out by taxpayers they have shown very little in the way of thanks. They can begin demonstrating some gratitude by rebuilding what they broke.

Insiders Ignored Foreclosure Crisis Signals For Years

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Insiders anticipated the current foreclosure crisis years before it struck and now, it seems, it must get worse before it can get better. System-wide...

In The Public Interest : The More You Know, The More You Know We Need A Strong CFPB

Ed Mierzwinski | Posted 05.25.2011 | Politics
Ed Mierzwinski

This month's story, dear reader, is about sloppy bank servicing of mortgages, starting with the infamous robo-signers and now escalating to every elem...

Mortgage Companies: Playing Loosely With the Rules of Foreclosure

Lisa Madigan | Posted 05.25.2011 | Chicago
Lisa Madigan

Ninety years ago, Kafka took aim at government. Today, he surely would find equal targets in Chase, Wells Fargo, GMAC and Bank of America.

WATCH: Analyst Tears Into CNBC Anchor Over Foreclosure Crisis

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The current foreclosure crisis is unprecedented in American history, Barry Ritholtz said on Monday. The Fusion IQ CEO told CNBC's Larry Kudlow and Di...