Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

Gladys Walker, a retiree on Social Security, owed less than $1,000 in overdue property taxes on her modest Florida home. So why did Bank of

Major developer faces foreclosure or bankruptcy

By Dusty Smith and Joe Eaton

The largest private landowner in Loudoun County, Virginia, Greenvest LC — the focus of a series of bruising development battles — has defaul

Financial stability panel told of "inexcusable breakdowns" in foreclosure process

By Jeremy Borden

Banks and mortgage servicers accused of foreclosing homes improperly are being put under the microscope by regulators, who will recommend in
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Mortgage fraud reports rise, but some fraud may still be undetected

By Kat Aaron and Nick Schwellenbach

Reports of suspected mortgage fraud — fueled by the current economic crisis — are up in 2008, according to two new reports by the FBI and th

New system to track mortgage loan originators

By Sarabeth Sanders

In the years before the current economic collapse, it seemed as though everyone was getting in on the subprime mortgage frenzy. Usually, it

Leaders of the nation’s No. 1 subprime lender charged by the SEC

By Kat Aaron

Angelo Mozilo, founder and former CEO of Countrywide Financial — the No. 1 subprime lender in America, according to a Center for Public Inte
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Treasury Department holding back on details of mortgage modification program

Just how effective is the Obama Administration’s effort to help homeowners stave off foreclosure? It’s hard to know, in part because detaile

Straining the FHA's umbrella

By Brian Grow and Binyamin Appelbaum

A District nonprofit organization that says it helps cash-strapped homeowners avoid foreclosure is under federal investigation for instead h

Reform Roundup: What the foreclosure lawyers did edition

It’s foreclosure Friday at Financial Reform Watch as we take a closer look at one of the groups responsible for the latest scandal to engulf

Bank becomes largest private landowner in Loudoun

By Dusty Smith

IStar Financial, a New York-headquartered lender, will take ownership of more than 4,100 acres of Loudoun County land previously assembled b

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