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Fed Fines Big Banks For Alleged Foreclosure Abuse

AP | DEREK KRAVITZ | Posted 03.19.2012 | Business

WASHINGTON -- The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeown...

Victory! Transforming Occupy Wall Street From a Moment to a Movement

Peter Dreier | Posted 12.07.2011 | Politics
Peter Dreier

Is the Occupy Wall Street phenomenon a moment of protest or a movement for sustained change? Will Rose Gudiel become the Rosa Parks of a new economic justice movement?

Steve Mnuchin, Meet Rose Gudiel

Peter Dreier | Posted 12.03.2011 | Business
Peter Dreier

Gudiel would like Mnuchin to visit her at her home, because his OneWest Bank is trying to evict her and her family. If Mnuchin won't come to visit Gudiel, she will visit him, and bring some of her neighbors and friends with her.

Banks Continuing Dubious 'Robo-Signing' Foreclosure Practices: Investigation

Posted 09.17.2011 | Business

This post has been updated. NEW YORK/IMMOKALEE (Scot J. Paltrow) - America's leading mortgage lenders vowed in March to end the dubious forecl...

16 Mortgage Lenders And Servicers Ordered To Reimburse Homeowners

AP | The Associated Press | Posted 06.13.2011 | Business

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

Laura Bassett

Foreclosure Hero: Man Pesters Executives, Saves Friend's House

HuffingtonPost.com | Laura Bassett | Posted 05.25.2011 | Business

Lee Castillo, 34, is an IT systems engineer with zero experience in the mortgage industry.  But when he found out that his friend had been scammed by...