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 ...
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...
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 $...
| | | |
Home Loans Related Topics
|