All posts tagged toxic mortgage

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris, on April 17, announced seven bills in the California Homeowner Bill of Rights to protect homeowners from unfair practices

In a second report this year charging mortgage lenders with committing foreclosure abuses during National Mortgage Settlement negotiations designed to stop those abuses, every housing counselor surveyed said

(Update: NFHA, on April 10, filed discrimination charges against Wells Fargo with the U.S. Department of Housing and Urban Development.) The same kind of discrimination that saddled minorities with

Chalk another economic one up for the Obama Administration. Remember how those toxic mortgages were bundled as securities and sold as investments to many poor saps before many of

Along with the relief it's supposed to bring to millions of Americans, last week's official court filing of the $25 billion National Mortgage Settlement came with controversy, scams

Proceed at your own risk. When Ned Buratovich’s political illustrations appear on DeadlineNews.Com you won’t get a content warning, thumbnail preview or other precursor of what’s to

The National Mortgage Settlement prompted California Attorney General Kamala D. Harris to call for Freddie Mac and Fannie Mae to temporarily suspend all foreclosure sales in California as

California's attorney general and a host of Golden State legislators are pushing to secure a Homeowner Bill of Rights designed to protect homeowners from abusive mortgage practices and

• On. Feb. 9, the day federal and state officials and banks signed off on the National Mortgage Settlement, Alabama Attorney General Luther Strange and the state's Banking

California's $18 billion cut of the $25 billion national mortgage settlement beats a zero, but it's too small to change the landscape of the Golden State's housing crisis. The

That landmark $25 billion civil settlement against five mortgage servicers charged with institutionalized foreclosure abuse? It also comes with a hefty $766.5 million fine. What's more, the fines won't

Federal and state agencies today announced a landmark $25 billion civil settlement against mortgage lenders after a year-long investigation into an institutionalized culture of foreclosure abuse. The settlement, over

President Barack Obama heavily laced his 2012 State of the Union Address with comments about solutions for the nation's economic malaise, but he gave housing the short shrift. Housing

The five largest U.S. mortgage lenders have offered a $25 billion settlement proposal that could make it easier for some struggling homeowners to avoid foreclosure and have their

CENTER FOR RESPONSIBLE LENDING - As federal regulators consider setting down-payment standards on new mortgages, a new study shows such rules could push 60 percent of creditworthy borrowers

While taxpayers were pumping $150 billion into Fannie Mae and Freddie Mac to rescue them from collapse, Fannie and Freddie executives allegedly lied to investors, the public and

The government recently announced it has started a high-level task force to prevent mortgage fraud. This sounds great, but is mortgage fraud really a big worry? The Office of the

If G-men were as tough on predatory loans as they now are on mortgage modification fraud, the nation still could be enjoying good times. Those toxic NINJA, no-doc, interest-only,

"Foreclosures continue to hammer the housing market and subprime mortgages keep wrenching homeownership from millions." That's the same lead published here in 2009. Like it or not, it's still the