Mortgage Lending

BofA To Pay Record Sum To Settle Claims Of Discriminatory Lending

AP | By PALLAVI GOGOI and NEDRA PICKLER | Posted 02.20.2012

Read More: Video, Countrywide Probe, Bank of America Countrywide Settlement, Mortgage Lending, Countrywide Investigation, Countrywide Financial, Bank of America, Business News, Bank of America Countrywide, Department of Justice, Bv-Money, Business News

-- Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination agai...

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Mortgage Insurer's Bankruptcy Will Make It Harder To Get Loans

The Huffington Post | Ann Brenoff | Posted 11.23.2011

Read More: Mortgage Insurance, Federal Housing Administration, Mortgages, Pmi, Bankruptcy, PMI Bankruptcy, Lending, Fha, Mortgage Lending, Mortgage Crisis, PMI Mortgage Insurance, Real Estate, Housing Crisis, Business News

One of the nation's major mortgage insurers filed for Chapter 11 bankruptcy protection Wednesday -- a move that's seen as a blow to lenders and ultim...

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Congressman Garrett's Proposal to Eliminate Government Sponsored Entities Falls Short

Dory Rand | Posted 01.14.2012

Read More: Fannie Mae, Housing Finance Reform, Freddie Mac, Scott Garrett, Mortgage Lending, Business News
Dory Rand

Congressman Garrett's plan, The Private Mortgage Market Investment Act, was positively received by legislators on both sides of the aisle but serious concerns remain as to its ability to stabilize the housing market.

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Fannie, Freddie May Return Bailout Sooner Than Expected

AP | By DEREK KRAVITZ | Posted 12.28.2011

Read More: Foreclosures, Video, Freddie Mac, Bailout, Mortgage Lending, Federal Housing Finance Agency, Fannie Mae, Mortgage Default, Taxpayers, Housing Crisis, Business News

WASHINGTON -- Government-controlled mortgage giants Fannie Mae and Freddie Mac could start returning money to taxpayers by 2014, according to the late...

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Britain's Largest Mortgage Lender Axing 15,000 Jobs

Posted 08.30.2011

Read More: Hsbc, Layoffs, Switzerland, Job-Cuts, Arne Duncan, United Kingdom, Mortgage Lending, Lloyds, Banks, Italy, United Trade Union, Lloyds Banking Group, London, British Pound, Business News

LONDON (Sudip Kar-Gupta and Steve Slater) - Lloyds will axe 15,000 jobs and halve its international presence, a plan its new boss hopes will save ...

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Hard Times Update: Readers Share Tales of Foreclosure Schemes, Mortgage Misfortune

Amanda Zamora | Posted 05.25.2011

Read More: Foreclosures, Loan Modification, Mortgage Lending, Housing Crisis, Real Estate Schemes, Real Estate, Recession, Huffington Post Investigative Fund, Video, Business News
Amanda Zamora

Send Us Your Tips and 'Bandit Sign' PhotosLast month, we put out a call for stories and photos to help document the effect that "Hard Times ...

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David Moss: Limiting Financial Leverage Is 'By Far The Most Important Thing We Can Do' To Prevent Another Crisis

baselinescenario.com | David Moss | Posted 05.25.2011

Read More: Bear Stearns, Aig, Subprime Mortgages, Public Debt, Mortgage Lending, The Baseline Scenario, Consumer Protection Agency, Financial Crisis, Credit Default Swaps, David Moss, Leverage, Recession, Business News

What will it take to prevent such a calamity from ever happening again? We should certainly address the bookends of the crisis: common-sense regulati...

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How Glenn Beck Can Become a Progressive -- Really!

John F. Wasik | Posted 05.25.2011

Read More: Tarp Bailout, TARP Money, People's Republic of China, Mortgage Lending, Green News, Green, Glenn Beck, Green Housing, Department of Energy, Politics News
John F. Wasik

Beck and his tea-bagging minions apparently don't want anything to do with creating jobs for those who need them.

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Government Intensifies Mortgage Investigation

New York Times | LYNNLEY BROWNING | Posted 05.25.2011

Read More: Mortgage Investigation, Mortgatges, Countrywide Investigation, Mortgage Lending, Mortgage Crisis, Business News

Federal agencies are intensifying a criminal investigation of the mortgage industry and focusing on whether some lenders turned a blind eye to inflate...

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