Fed VP: Housing bubble, finance slump hurt RI
January 03, 2011
'' You put your bet on the financial sector and you had a serious housing bubble. And the combination of the two set off a very serious contraction,'' Tannenwald said. Stephen...
SEC charges ex- Fannie, Freddie CEOs with fraud
December 18, 2011
They led the companies when the housing bubble burst in late 2006 and 2007. The four other top executives also worked for the companies during that time. The case was filed in...
States, Feds to announce mortgage settlement
February 09, 2012
The nationwide settlement stems from abuses that occurred after the housing bubble burst. Many companies that process foreclosures failed to verify documents. Some employees...
Summary Box: Ex- Fannie, Freddie execs charged
December 16, 2011
SUBPRIME LOANS: The executives were accused of understating the level of high-risk subprime mortgages that Fannie and Freddie held just before the housing bubble burst. CRIMINAL...
Documents show how Fed missed housing bust
January 12, 2012
But no official, according to the transcripts, recognized the extent of the damage a housing bubble would cause. A year later, its collapse helped send the nation into the...
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