BofA in $ 335M settlement over Countrywide loans
December 21, 2011
Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers on home loans ...

New York sues banks over fraudulent foreclosures
February 03, 2012
the banks to process home loans they made but which became a dumping ground for poorly documented and misshandled mortgage records. ...

Mortgage investors try to regroup after meltdown
January 22, 2012
More than 90 percent of home loans at the moment have some form of government backing, compared with about 30 percent at the peak of the housing boom. More worrying, the Obama...

SEC charges ex- Fannie, Freddie CEOs with fraud
December 16, 2011
Fannie and Freddie buy home loans from banks and other lenders, package them into bonds with a guarantee against default and then sell them to investors around the world. The...

Investors like the back- to- basics Bank of America
January 19, 2012
The bank's real estate business lost $1.5 billion after a 74 percent decline in new home loans. The bank lost some market share and closed a division that helped third-party...

SEC appeals Citigroup settlement
December 15, 2011
CDO) -- a package of home loans -- while it was selling the same CDO to investors as a good investment in 2007. Accused of cheating investors, Citigroup finally agreed to pay $...

Senate OKs short- term extension of payroll tax cut
December 17, 2011
The fees, drawn from a Treasury Department housing finance market reform plan, would add several thousand dollars to the 30-year cost of home loans guaranteed by mortgage giants...

ECB makes 269- billion euro refi offer as market tensions persist
November 30, 2011
Both moves appeared to show that tensions persist on the markets, which have been rocked in recent weeks by the collapse of the US market for high-risk subprime home loans. The...

2008 Recession Rinse And Repeat: Obama Pushes Banks To Make Sub- Prime' Toxic' Mortgage...
April 03, 2013 | Wake up America

The White House Court Jesters of Sequester
February 27, 2013 | michellemalkin.com