national mortgage settlement

Politics
This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.
Politics
Sens. Elizabeth Warren (D-Mass.) and Tom Coburn (R-Okla.) proposed a law Wednesday that would require the federal government
Business
As part of the deal, $4 billion is earmarked for consumer aid, a condition that state authorities, including New York Attorney
Latino Voices
Wednesday's report from Monitor Smith offers an examination of whether banks are making good on their promise to the 49 states who entered the agreement. According to the parameters that Monitor Smith is using, the banks have complied with several but not all points.
Business
If this is what reformed behavior looks like, the Justice Department and the state attorneys general who negotiated the agreement may need to go back to the drawing board in their efforts to police foreclosure abuse.
Politics
Officials said they are considering changing current policy by agreeing with banks to halt foreclosure proceedings when borrowers
Politics
Mark Rodgers, Citi spokesman, said: “We are currently working to implement corrective actions as soon as possible under the
Business
Bank of America and JPMorgan Chase say they’ve fulfilled their obligations to troubled borrowers mandated by a settlement
Videos
New York Attorney General Eric Schneiderman has privately criticized the Obama administration and the Department of Justice for not aggressively investigating dodgy mortgage deals that helped trigger the financial crisis, according to senators and congressional aides who met with him this month.
Politics
“The sharing of information and expertise has been certainly beyond anything I've ever seen or been aware of," Schneiderman
Business
Common errors included misapplied fees, foreclosures processed while a borrower was in the midst of a government-sponsored
Business
Homeowner advocates charge that in focusing on profitability and dissolution, Fannie and Freddie, which buy loans for resale
Business
Donovan must continue to monitor the progress of the Settlement with its goal in mind: to save families' homes from unnecessary foreclosure. With so few first lien modifications reported by the banks, it is clear that goal is not being achieved.
Business
As The Huffington Post recently reported, much of that help went to short sales and to extinguishing second mortgages, forms
Business
"We'll continue to work...to clarify our actions and why we believe it's in the best interest of the constituents and customers
Business
In Georgia, the Republican governor and GOP-led state legislature diverted the entirety of the $99 million allocated under
Business
JPMorgan did not respond to a request for comment. JPMorgan Chase spokeswoman Amy Bonitatibus recently told HuffPost that
Business
Her team received half as many complaints about dual-tracking in September as it did in August, which is a hopeful sign, Porter
Money
Democrats must get serious and back legislation that protects all the relief won in the National Mortgage Settlement, not just some of it. Republicans must stop their willful obstructionism, and follow through on their oft-repeated promises to prevent taxes that hurt the economy.