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Loan Servicers

Eleazar David Melendez

New Foreclosure Settlement Replaces Henhouse Fox With Wolf, Advocates Say

HuffingtonPost.com | Eleazar David Melendez | Posted 01.08.2013 | Business

For more than a year, housing advocates and their allies worried that a review of foreclosed loans managed by banking regulators was vulnerable to mor...

Student Loan Borrower: 'It's Been Nothing But Confusion'

ProPublica | Marian Wang | Posted 04.24.2012 | Money

This article was originally published on ProPublica The Department of Education has been transferring large batches of federal student loans to new...

At Goldman Servicer, ‘Total Disaster’

Posted 04.11.2012 | Business

By Paul Kiel ProPublica Yesterday, we published "The Great American Foreclosure Story," our latest Kindle Single. The narrative gives reade...

Ben Hallman

Mortgage Investigation Consistently Hindered By Major U.S. Banks: Watchdog

HuffingtonPost.com | Ben Hallman | Posted 03.14.2012 | Business

The five banks that agreed to a $25 billion settlement to resolve fraudulent foreclosure claims consistently hindered a government watchdog's investig...

Gretchen Morgenson: Attorneys General May Be Rushing Proposal for Loan Servicers

nytimes.com | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

ONE crucial reason the nation's mortgage industry ran itself -- and the entire nation -- off the rails was its obsession with speed. Mortgages had to ...

Top Lenders Reportedly Near Settlement With States Over Foreclosure Issues

Posted 05.25.2011 | Business

BANGALORE: The five largest mortgage loan servicers, including Bank of America Corp. and JPMorgan Chase & Co., may be the first to settle with 50 st...

Disorganization At Banks Causing Mistaken Foreclosures

ProPublica | Paul Kiel | Posted 05.25.2011 | Business

Millions of homeowners face losing their homes in the continuing foreclosure crisis, but homeowners often have more than the struggling economy and sl...

Making Mediation Mandatory Before Families Lose Their Homes

Pedro Nava | Posted 05.25.2011 | Politics
Pedro Nava

Mediation is not a one-side concept -- lenders and servicers have every incentive to participate. So what is the better outcome? Foreclosure or a modification that encourage stability?