Broad reach of new consumer financial agency may fall short in some areas

By David Heath

The Consumer Financial Protection Bureau that opens on July 21 faces Republican lawmakers who want to chip away at its power, companies that

Miami firm accused of approving ineligible loans for FHA insurance

By Laurel Adams

Miami-based Nationwide Home Loans Inc. should be prepared to repay some $5 million to the Federal Housing Administration because the lender’

The 'dry rot' eating away at the financial system

By Michael Hudson

President Obama has been talking a bit tougher about Wall Street these days -- prompting complaints from some quarters that he's being mean
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Coming soon: Simpler mortgage paperwork

By Michael Hudson

Now that she has a new job, Harvard law prof Elizabeth Warren isn't wasting time getting started. In her first week as an assistant to Presi

WaMu bank executives aware of rampant fraud

By David Heath

WaMu bank executives aware of rampant fraud but failed to act

Excerpts from this story referencing "Mortgage loan":

"… acked securities. In 2003, Washington Mutual halted the sale of Long Beach Mortgage loans to Wall Street in 2003 and sent in a legal team for three months to try t …"

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
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Some foreclosure rescue scams involve lawyers, mortgage errors

By Julie Vorman

Desperate U.S. homeowners facing foreclosure are being duped by con artists. The scammers employ a variety of schemes such as a “forensic mo

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

Mortgage companies and the new regulatory regime

By Kat Aaron

Everyone knew it was coming. With all the turmoil in the American financial system, a push for re-regulation was inevitable. The Obama admin

You broke it? You fix it.

By John Dunbar

Firms that fed off the subprime lending frenzy that devastated the banking system are lining up to collect more than $21 billion in taxpayer

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