-
The ‘Right’ Foreclosure Fix April 15, 2011, Wall Street Journal When last year's mini-scandal about sloppy mortgage practices erupted, two public policy approaches emerged: Banking regulators wanted to identify mortgage servicers' bad practices and fix them. The Department of Justice...
-
US Mortgage Delinquencies Edge Up in Third Quarter November 9, 2010, CNBC The number of new foreclosure notices fell 5.5 percent but a slightly larger proportion of mortgages became delinquent in the third quarter of 2010, according to a New York Federal Reserve Bank survey released Monday. About 2.7...
-
Regulators Flawed in Foreclosure Oversight November 8, 2010, Washington Post As foreclosures began to mount across the country three years ago, a group of state bank regulators suspected that some borrowers might be losing their homes unnecessarily. So the state officials asked the biggest national banks...
-
Foreclosure Point Man Miller Re-Elected as Iowa Attorney General November 3, 2010, Wall Street Journal Iowa Attorney General Thomas Miller, a Democrat who is spearheading the 50-state investigation into the foreclosure mess that erupted in September, won re-election to his eighth four-year term as Iowa's...
-
Foreclosure Activity Up Across Most US Metro Areas October 27, 2010, Associated Press The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle — cities outside of the states that have shouldered the worst of the housing downturn...
-
U.S. Home Prices Drop 0.2% in August October 26, 2010, Market Watch Home prices fell 0.2% in August, according to the Case-Shiller home price index released Tuesday by Standard & Poor’s, in a report labelled “disappointing” by its compilers. This is the first drop in the index after...
-
Probe Targets Foreclosure Paperwork October 13, 2010, Wall Street Journal A Florida probe is focusing on paperwork by a Georgia mortgage-processing company that may have tainted tens of thousands of foreclosures. From Suite 350 at a suburban Atlanta office to a bevy of law firms in Florida, thousands...
-
The Real Foreclosure Crisis: Who Owns The Mortgages? October 12, 2010, The Huffington Post For all the headlines given to foreclosure affidavits and robo-signing virtually no one has mentioned the real point, the idea that the affidavits themselves may not prove loan ownership regardless of how they...
-
Foreclosures, Forestalled October 11, 2010, Wall Street Journal The recent suspensions of foreclosures by four major companies that service mortgages compound a problem that had existed for years in states where foreclosures are handled by the courts. In the 23 states in which foreclosures must be approved...
-
RealtyTrac: Chase and GMAC Could Prolong Housing Recovery September 30, 2010, Wall Street Journal Halting the foreclosure process on tens of thousands of homes nationwide will likely skew RealtyTrac’s closely watched foreclosure data in coming months and prolong the housing market’s recovery...