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Bank of America pays $108 million to settle latest case against troubled Countrywide unit

Struggling homeowners who were overbilled by two Countrywide Financial subsidiaries for services such as lawn care and home inspections at t

Excerpts from this story referencing "Center for Public Integrity":

"… 8 million settlement, the Federal Trade Commission announced on Monday.The Center for Public Integrity previously identified Countrywide as the biggest U.S. subprime lender in a …"

Judge says Fannie Mae whistleblower's lawsuit can go forward

By Michael Hudson

As Congress begins to tackle the future of Fannie Mae and Freddie Mac, the government-chartered mortgage giants that have been kept alive wi

FactWatch: Fannie and Freddie were followers, not leaders, in mortgage frenzy

By Michael Hudson

Republicans insist that Fannie Mae and Freddie Mac "were the main cause of the nation's current financial turmoil” but a look at the data sh
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As Fannie, Freddie flounder, six top execs receive handsome rewards

By John Solomon and Julie Vorman

Obama administration approves $34 million in compensation without market analysis of executive pay

Data shows Deutsche Bank was key patron of questionable mortgage lenders

By Michael Hudson

Data shows Deutsche Bank was key patron of questionable mortgage lenders

What's the US-Panama free trade agreement mean? Almost nothing, CRS says

By Laurel Adams

The US-Panama free trade agreement, hotly debated by Senate, would have negligible impact on economy
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Newsmaker interview: Warren says Congress should hold car dealers to same rules as other lenders

Elizabeth Warren, the government’s top advocate on consumer financial issues, says that Congress needs to hold auto dealers to the same basi

Recovery board foiled by its own effort to track stimulus spending

By John Solomon

Add another chapter in the government's struggles to account for how the $787 billion stimulus money is being spent....

How much does it really cost to process debit card purchases?

By Julie Vorman

How much goes for processing?

AJR looks at iWatch News

The American Journalism Review checks in on the launch of iWatch News

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