Since 2007, Wall Street has evicted four million families -- approximately ten million people -- from their homes. Millions more are ensnared in ongoing foreclosures.

For more than a decade, four mortgage insurance companies paid illegal kickbacks to banks as part of a scheme that greatly inflated insurance costs fo...

A recent study confirmed that control fraud was endemic among our most elite financial institutions. The key conclusion of the study is that control fraud was "pervasive."

A verdict delivered earlier this month by a prominent federal judge heightens the prospect that the nation’s largest financial institutions will be ...

Bankers who made billions of dollars packaging home loans into bonds during the prime years of the housing boom provided false information to investor...

For years now this has been DOJ's strategy: to rattle off the number of cases of "financial fraud" or "mortgage fraud" it has won, not a single one of which is the kind of case the public has been demanding.

Even in the movie version of the financial crisis, the giant mortgage company accused by the U.S. government of rampant fraud and abuse wouldn't be so...

Although some reasons may appear to support prosecutorial abdication, the size and scope of damages suggest individual wrongdoing must have led to the subprime crisis and that individuals should be prosecuted.

Federal prosecutors sued Bank of America for $1 billion on Wednesday, alleging that the bank's former Countrywide unit concocted a mortgage scheme it ...

Thing One: Busy Work: The Obama administration would really like you to know how tough it is getting with evildoers in the housing market. Manhatta...

By Karen Freifeld NEW YORK, July 17 (Reuters) - Bank of America Corp has agreed to pay $375 million to settle a case ...

RICHMOND, Va. (AP) — A federal appeals court refused Wednesday to order a new trial for a former mortgage company executive convicted of orchestrati...

Another state is using the money set aside to help struggling homeowners to do something else besides help struggling homeowners. Georgia is using...

LAS VEGAS -- A former Las Vegas businessman has been sentenced to nearly 22 years in federal prison for masterminding a mortgage fraud scheme that cos...

NEW YORK — A community bank and 19 ex-employees have been criminally charged with issuing hundreds of millions of dollars in fraudulent mortgage...

If there’s any upside to foreclosure it’s the relief that comes with no longer being in debt. But one Texas company seems to be testing even that ...

George Lucas, worth $3.2 billion as of 2011, may have ruined his reputation with his fans by creating Jar Jar Binks, but his latest move may be the finest moment of his career.

WASHINGTON -- A whistleblower who exposed systemic fraud by Countrywide mortgage lenders called on the Department of Justice on Wednesday to prosecute...