Last year’s launch of the investigation into the “robo-signing” debacle is coming to a head.
Entries Tagged as 'financial crisis'
$19 Billion Settlement In Works for Illegal ‘Robo-Signing’ Foreclosures
December 14th, 2011 · 1 Comment · Mortgages
Tags: attorneys general·banks·California·financial crisis·Great Recession·Massachusetts·New York·robo-signing·Settlement
Details of $1.2 Trillion Secret Fed Loans Revealed
September 29th, 2011 · No Comments · Economy
Over a period of nearly three years, the Federal Reserve doled out $1.2 trillion in relief funding to banks and other companies during the financial crisis.
Tags: Bloomberg·emergency funding·Fed·Federal Reserve·financial crisis
Are You Among 43 Percent Who Trust Bankers?
June 20th, 2011 · No Comments · Banking
In a survey that spanned 19 countries, bankers have the trust of just 43 percent of the population. The financial crisis is evidently to blame, though we weren’t that crazy about bankers in the first place.
Tags: bankers·Banking·financial crisis·foreclosure·foreclosure investigations·Germany·GfK Research Institute·global recession·online banking·recession·survey·Trust·Trust Index
Mortgage Lending Changes Under New Financial Reform Law
June 29th, 2010 · No Comments · Banking, Mortgages
Although the financial reform bill is not yet law, both a House and Senate support versions which are similar and President Obama is expected to sign the final version in the next two weeks. What’s the biggest cause of the current financial crisis? Greed in mortgage lending. Greed-fueled mortgages took down the economy in the [...]
Tags: appraisal·excessive fees·financial crisis·financial reform·mortgage lending·Mortgages·no-doc loans·risk retention·yield spread premiums
