In May 20, a massive EF5 tornado whipped through heavily populated Moore, Oklahoma, killing 24 and injuring nearly 400. That tragedy has now shifted i...

As a long-time fan of professional wrestling I've come to see how much of mortgage servicing resembles what goes on in the ring. Like wrestling the servicing business is full of "works," "gimmicks," "heels and baby faces," so let me explain.

The settlement has already far surpassed our initial expectations of total consumer relief and will likely grow to more than $50 billion. And yet, some remain unconvinced that the settlement is really making a difference or that banks are beginning to meet their obligations.

Betsy Berry was worried she would lose her home just outside of New Orleans. Though she had never missed a payment on her mortgage, she says, Bank of ...

After raising hopes that some defrauded homeowners may finally see justice, the agency's bungled investigation and rushed settlement only managed to twist the knife deeper. Simply put, it's a travesty and still, no one goes to jail.

The $25 billion mortgage servicing settlement won't solve all of housing problems overnight. But the story of Katie Diaz and the countless others like her does not suggest that the settlement is failing -- but rather the importance of holding the banks' feet to the fire in the months to come.

If the Obama administration's mortgage-relief program has been a bit of a flop, it didn't have to be so. In a new book, TARP's former inspector gen...

When the framers of the national mortgage settlement agreed to let the deal expire in three-and-a-half years, it was with the assumption that the Cons...

ISLIP, N.Y. -- Photographer Spencer Platt spotted the small white house with boarded-up windows and doors a couple months ago, when he was out here on...

A federal judge who has fiercely criticized how big banks service home loans is fed up with Wells Fargo. In a scathing opinion issued last week, E...

Just who is paying for the big mortgage settlement, anyway? The Obama administration says it's the banks. Mortgage investors worry it will be them....

The new Consumer Financial Protection Bureau has received about 12,000 complaints over the past six months from consumers who had problems with their ...

Christine Jackson's three-bedroom wood-frame home in Indianapolis is in danger of foreclosure. It's not because she can't afford her mortgage, but bec...

NEW YORK -- On Thursday, Goldman Sachs gained the government's blessing to sell off its mortgage unit, but not without a couple of reprimands. The ...

By Lois Beckett, ProPublica Outgoing Federal Deposit Insurance Corporation Chairwoman Sheila C. Bair's revealing exit interview by the New York Times...

A few months ago, Bank of America offered Sergio Cortez of Staten Island, N.Y., the help he desperately needed to stay in his home: a break on his mor...

WASHINGTON/CHARLOTTE, North Carolina (Dave Clarke and Joe Rauch) - U.S. bank regulators announced pacts with the largest home lenders over allegat...

CHARLOTTE, N.C./WASHINGTON (By Joe Rauch and Dave Clarke) - U.S. regulators' efforts to settle with banks over improper mortgage foreclosures are ...