Four million Americans have been foreclosed upon since the beginning of 2007. Here, a boarded up house in Islip, N.Y., in February.By NELSON D. SCHWARTZ and J. B. SILVER-GREENBERG - Published: March 12, 2012
Managers at major banks ignored More >
by Cora Currier ProPublica, Feb. 14, 2012, 2:36 p.m.
The Obama administration recently unveiled a string of proposals to help struggling homeowners and get the housing market back on its feet — part of the administration’s “We Can’t Wait” election More >
ProPublica, Feb. 9, 2012, 5:25 p.m.
Hey, if you can’t beat ‘em, join ‘em. I bet many wouldn’t mind making nearly a quarter million a year being a “cutting edge” CFPB regulator – link. Compare that to a story last week in the Wall Street Journal More >
The More >
by Paul Kiel ProPublica, Oct. 4, 2011, 11:26 a.m.
Why has the administration2019s flagship foreclosure prevention program been so ineffective in helping struggling homeowners get loan More >
The level of commercial/multifamily mortgage debt outstanding remained essentially unchanged at $2.4 trillion in the first quarter of 2011, decreasing by 0.1 percent from fourth quarter 2010, More >
Total Number of Trial Mods Started: 1,493,107
Canceled Trials: 740,240
- In Trial: 7.3% 109,076
- “Aged” More >
Servicers have been ordered to institute a clear resolution process for consumer complaints as part of the robo-signing settlement with federal regulators. Accountability when it comes to dealing with distressed borrowers More >