You and I are paying legal fees for Fannie, Freddie execs accused of fraud in financial crisis
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More bailouts: $200M to defend crisis-era CEOs
Posted by mortgage 76 days ago (Editorial)Survey warns More Mercer County foreclosures could be on the horizon
Posted by mortgage 77 days ago (Editorial)
While Mercer County was spared the worst of the foreclosure crisis, a new survey from Princeton University shows stark gaps in foreclosure filings based on race and income and warns more foreclosures could be on the horizon based on the number of homeowners with houses that are worth less than their mortgages.
Homeowners seek help at Burlco forum
Posted by mortgage 78 days ago (Editorial)
Sally Spencer walked into the John F. Kennedy Center in Willingboro hoping for a miracle. The single mother of two works full time and cares for her 16-year-old autistic son, Salvatore.
Analysis: Rights groups try to avoid US high court setback
Posted by mortgage 79 days ago (Editorial)
WASHINGTON (Reuters) - Civil rights advocates took extraordinary steps over the last three months to persuade the city of St. Paul, Minn., to withdraw a fair-housing case the U.S. Supreme Court had already agreed to hear, reflecting their expressed fears about the court under Chief Justice John Roberts. Their successful effort, actively joined by the U.S. Justice Department and former Vice ...
Market recognizing BofA's progress, says CEO Moynihan
Posted by mortgage 80 days ago (Editorial)
CHARLOTTE, North Carolina (Reuters) - Investors are starting to recognize Bank of America Corp's efforts to build capital and streamline operations, but the bank still needs to show it can boost profits, Chief Executive Officer Brian Moynihan said in an interview this week. One promising sign is the second-largest U.S. bank by assets is attracting new customers for innovative services such as
Frustrated N.J. homeowner digs into Fort Worth mortgage servicer's past
Posted by mortgage 80 days ago (Editorial)
Residential Credit Solutions says it faces no charges of wrongdoing "and has not been accused of fraud."
Dondero Still Slays Bears at Highland With New Leveraged Loans
Posted by mortgage 85 days ago (Editorial)
Even in an industry full of risk takers, James Dondero stands out.
Powerful Chinese Backers for Apple iPad Rival
Posted by mortgage 87 days ago (Editorial)
Some of the nation?s biggest banks also are opposing the technology giant in Apple's legal fight for the iPad name in China
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