The nation’s three largest bank-owned loan servicers are doing such a poor job modifying mortgages for distressed homeowners that the …
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Mortgage Industry
Two big banks will pay $22 million in monetary relief for illegally foreclosing on active-duty soldiers. Bank of America and …
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In the waning days of his 22 years as Chicago’s mayor, Richard M. Daley announced a new partnership with Bank …
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Over one million homes were foreclosed upon last year, and an estimated 8-10 million homes still face foreclosure. As things …
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Fannie Mae, the taxpayer-owned company that is the nation’s largest mortgage lender and insurer of new mortgages, lost $6.5 billion …
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Kathleen Engel started to notice something funny happening with home loans in 1999. She lived in Shaker Heights, Ohio, just …
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The United States and the city of Los Angeles filed two different lawsuits against a German Bank this week. The …
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Having trouble refinancing your mortgage, even though you meet all the requirements set by the federal government? Fannie Mae and …
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Banks made it easier for consumers and companies to borrow money during the first three months of 2011, according to …
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What happens when a city’s entire real estate market collapses, leaving only vultures behind?
A big, nasty fight ensues for the …
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