25 percent of farmers sold loan collateral without permission

By Julie Vorman

The Farm Service Agency, which makes direct loans up to $300,000 to family farmers and guarantees similar loans made by banks, failed to tak

Transparency emphasized as government mulls Fannie Mae reform

By Julie Vorman

More transparency about the overall U.S. mortgage securitization market must be part of the Obama administration’s eventual plan to reform f

Excerpts from this story referencing "finance":

"… arket must be part of the Obama administration’s eventual plan to reform finance giants Fannie Mae and Freddie Mac, a real estate expert urged Treasury Sec …"

"… c conference, held by Geithner, to collect advice as he prepares a housing finance reform plan to deliver to Congress in January.“For me the key factor is …"

"… d the lack of information,” Wachter said, when asked by Geithner how the finance market should be reformed. “Markets took on risk that was not understood …"

Big banks can fund mortgage aid programs If government won't, says Democrat

By Julie Vorman

As budget-conscious House Republicans try to kill a $1 billion program to help unemployed Americans avoid foreclosure, Democrat Barney Frank

Excerpts from this story referencing "finance":

"… on program that provides FHA-insured loans to help underwater homeowners refinance if the lender first writes off at least 10 percent of the principal.Next w …"

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An invitation to launder money

By Georg Mascolo

HAMBURG, Germany, November 8, 1999 — Whoever wishes to hide funds from the grips of tax authorities will find willing assistants in the Prin

Excerpts from this story referencing "finance":

"… For a number of years, he is said to have “organized meetings with the finance managers of South American drug clans.” While in office, the now-retired …"

Ginnie Mae's troubling endorsements

By Brian Grow and Zachary Goldfarb

The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run

Excerpts from this story referencing "finance":

"… an accelerant to a fire,” said Anthony Sanders, professor of real estate finance at George Mason University.More than a dozen lenders with Ginnie’s endor …"

"… d filings by regulators.On Oct. 1, Walter Westbrook used Lend America to refinance the mortgage on his Erwin, N.C. home into an FHA loan, but found that Lend …"

"… t, which continues to demand a $312 monthly payment from Westbrook. “I refinanced so my bills would go down, but now my bills are higher,” he said.Ginnie …"

Financial Reform — Week of April 25

By Julie Vorman

Your guide to financial reform law events during the week of April 25
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Steve Forbes, cattle farmer

WASHINGTON, D.C. January 25, 2000 — Steve Forbes' signature line in his 2000 campaign is, "Steve Forbes: He wants you to win." But who's the

Excerpts from this story referencing "finance":

"… that Forbes’ intent was indeed to avoid disclosing the organization’s finances. “They told me I had to file a Form 1120,” Olsen said in an interview …"

San Francisco bank linked to laundering probe at Bank of New York

By Knut Royce

November 9, 1999 — FROM ALL OUTWARD APPEARANCES, Boris Avramovich Goldstein is a model immigrant, a successful businessman in the San Franci

Considering the differences between two billion-dollar bailouts

By Kat Aaron

The auto industry bailout has stalled in the Senate, putting the fate of Detroit’s Big Three and their employees in the hands of the White H

Subprime loans may have sunk BankUnited FSB

By Laura Cheek

On May 21, BankUnited FSB became the 34th federally insured institution to be taken over by regulators this year. The takeover will put anot

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