Reform reading: Republicans order up watchdog reports on consumer bureau

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Excerpts from this story referencing "Wells Fargo":

"… s run by Bank of America, Morgan Stanley, UBS, Capital One, Credit Suisse, Wells Fargo, the American Bankers Association, the Mortgage Bankers Association, and C …"

"… so collected contributions from PACs run by Goldman Sachs, JPMorgan, HSBC, Wells Fargo, Morgan Stanley, CME Group, and the American Bankers Association.Republica …"

No. 23 of The Subprime 25: GreenPoint Mortgage Funding Inc./Capital One Financial Corp.

Total high-interest loans 2005-2007: At least $13.1 billion

Excerpts from this story referencing "Capital One":

"… bailout money received: $3.6 billion Company overview Status: CLOSED. Capital One shut down GreenPoint in the third quarter of 2007. History: Originally a …"

"… int Financial in October 2004 for $6.3 billion in stock. In December 2006, Capital One purchased North Fork. Capital One shut down GreenPoint by the third quarte …"

"… $6.3 billion in stock. In December 2006, Capital One purchased North Fork. Capital One shut down GreenPoint by the third quarter of 2007 at an after-tax loss of …"

"… of 2007 at an after-tax loss of $1 billion. Parent/subsidiary companies: Capital One bought GreenPoint parent company North Fork Bancorp on December 1, 2006. …"

Underwriter uncovered three frauds in one loan, suit claims

By Michael Hudson

Former loan underwriter says fraudulent loans approved at subprime lender

Excerpts from this story referencing "Capital One":

"… .In December 2006, as the mortgage market began to show signs of weakness, Capital One Financial Inc., snapped up GreenPoint as part of its $13.2 billion purchas …"

"… $13.2 billion purchase of GreenPoint’s parent, North Fork Bancorporation.Capital One’s relationship with GreenPoint didn’t last any longer than Steinmetz …"

"… ender. In August 2007, with the mortgage industry in full-fledged retreat, Capital One closed down GreenPoint. It estimated that it would suffer losses of some $ …"

"… the whistleblower protections of the Sarbanes-Oxley corporate reform law. Capital One denied her allegations, and argued she had no case under Sarbanes-Oxley, b …"