Lawsuit loans add new risk for the injured

By Binyamin Appelbaum

The business of lending to plaintiffs has blossomed over the past decade, part of a growing trend in which banks and hedge funds seeking unt

WaMu examiner sheds new light on bankruptcy, criticizes FDIC for lack of cooperation

Joshua Hochberg's report on the fall of Washington Mutual discloses no Lehman-like allegations of accounting chicanery, nor does it establis

Reform reading: SEIU, ProPublica, Columbia Law School

Ben Hallman recommends financial reform news from around the web....
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Reform reading: Big banks take on CFTC over policing of derivatives

By Julie Vorman

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

Fed, GAO move ahead on home appraisals

By Julie Vorman

As controversy rages over whether foreclosure documents were pushed through the system by lenders' robo-signers, the government is moving ah

FDIC proposes big bank, brokerage liquidation procedure

By Julie Vorman

The Federal Deposit Insurance Corp. sketched out today a set of proposed regulations for liquidating in an orderly way any big banks, broker
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Bank regulators should have acted sooner on Advanta, watchdog says

By Julie Vorman

Federal and state banking regulators should have raised questions sooner about the risky credit card securitization business of Advanta Bank

Live from the cash room: Your risk regulators in action

By Julie Vorman

The Financial Stability Oversight Council – the new panel that is supposed to spot any early signs of systemic risks in U.S. markets – makes

HUD criticized for sloppy management of automated underwriting

By Julie Vorman

Serious flaws in the Federal Housing Administration’s automated underwriting process resulted in more than $6.1 billion in loans winning aut

SEC Urged to Force Companies to Disclose Sudan Ties

By Julie Vorman

The Securities and Exchange Commission should require companies traded on U.S. stock exchanges to reveal any business operations tied to Sud

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