Mortgage Crisis
Current news on the mortgage crisis
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Publ.Date : Mon, 06 Feb 2012 14:38:22 GMT With one of the highest mortgage default rates in the country, Kern County is an epicenter of the national mortgage crisis. The effect reaches every segment of Kern County's population -- homeowners, lenders, business owners and taxpayers. To address the ... Citi Becomes Latest Bank to Cut Off Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers. The move shows once again how the financial crisis is reshaping the mortgage industry. Like many banks, Citigroup Inc ... Obama Creates Unit to Investigate Jan. 25 (Bloomberg) -- President Barack Obama said he will create a mortgage crisis unit that includes federal and state officials to investigate wrongdoing by banks related to real estate lending. The president announced the unit in his State ... Illinois accuses Major Market Indices Nationwide Title Clearing Inc was a "key contributor" to the mortgage crisis by "undermining the integrity and accuracy of the mortgage servicing and foreclosure process," Attorney General Lisa Madigan said in a statement. Is the Robo- The terms for the settlement of the robo-mortgage scandal and the states participating in the settlement are expected to be resolved soon. Unfortunately, as this settlement approaches, new and grave questions have emerged. These questions raise the ... Schneiderman Steps Up As A new federal mortgage crisis unit is officially up and running, and it’s co-chaired by New York State Attorney General Eric Schneiderman. NY1’s Erin Billups filed the following report. With a team of 80 attorneys, analysts and investigators already ... Eric Holder Launches Probe into Obama made a high-profile appointment to the group in tapping New York Attorney General Eric Schneiderman, a first-term Democrat who had been pursuing his own investigations into conduct that led to the mortgage crisis and subsequent collapse of ... Getting to the Bottom of the Housing Print Email Text-size: A A A Share: Talk about critical timing. President Barack Obama’s newly formed mortgage crisis working group within the Department of Justice is charged with investigating fraud in the home mortgage market that led to the housing ... The ethics of the The destructive impact of an earthquake is often examined at the quake’s epicenter. Now, the “ethics” of the mortgage meltdown are to be examined in one of the epicenters of the housing crisis. To address the ethically-related impacts of the mortgage ... |