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Banks Are Off the Hook Again April 9, 2011, New York Times (Editorial) Americans know that banks have mistreated borrowers in many ways in foreclosure cases. Among other things, they habitually filed false court documents. There were investigations. We’ve been waiting for federal and state regulators...
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U.S. May Force Banks to Meet Loan-Modification Quotas March 3, 2011, Washington Post As part of a settlement with banks that engaged in shoddy foreclosure practices, the Obama administration is weighing whether to impose quotas that would force the firms to modify a specific number of mortgages for distressed...