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California Pulls Out of Foreclosure Talks
Keywords:
The state attorneys general in the U.S. and the subprime lending and foreclosure crises and mortgage settlements.
12/08/2009
Federal regulators and the Bush and Obama administrations failed miserably to help homeowners achieve loan modifications. This with the false belief that putting homeowners out of their homes would actually speed up a recovery, considering the huge scale of foreclosures in the USA , the high unemployment and other problems hitting the economy. Feldstein's consistent arguments for homeowner relief throughout 2008 and 2009- considering the large number of homeowners under water- as the mortgage crisis unfolded, were ignored by the Bush and Obama administrations. See the comparisons to Japan's lost decade, as the lack of recovery in housing adds to problems with job losses. The lawsuits, legal action and mortgage settlements facing banks as they make their way through the mortgage mess.
Grouped Articles
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09/13/2013
Wall Street Journal 12/31/2013
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
Banks Keep their Mortgage Litigation Reserves a Secret
New York Times 01/16/2014
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
BP’s Cuts May Wound Portfolio Recovery
Wall Street Journal 02/04/2015
Homeowners facing foreclosure and lack of any meaningful help.
09/29/2008
Lack of any meaningful help to homeowners facing foreclosure upto the Lehman Fannie crisis, and the failure to provide any significant help to homeowners in the $700 billion Sept 2008 bailout plan targeted mostly at freeing up the credit markets.
Grouped Articles
Wall Street Journal 12/31/2013
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
New York Times 10/02/2008
Rescue Includes Steps to Help Borrowers Keep Homes
Wall Street Journal 09/29/2008
Card Firms' Loss Tally: Billions of Dollars in Fees
Wall Street Journal 05/22/2009
Consumers Need a Credit Watchdog
BusinessWeek 07/15/2009
U.S. Banks handling of foreclosures and mortgage securities.
10/16/2010
Grouped Articles
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09/13/2013
Wall Street Journal 12/31/2013
For foreclosure processors hired by mortgage lenders, speed equaled money
Washington Post 10/16/2010
Wall Street Journal 10/16/2010
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
Large U.S. Banks and the Federal Housing Finance agency 2011 lawsuit over mortgage losses
09/01/2011
Legal action against large financial institutions over mortgage losses.
Grouped Articles
Big Banks Face Suits on Mortgage Bond Losses
Wall Street Journal 09/03/2011
U.S. Said to Be Ready to Sue Banks Over Mortgages
New York Times 09/01/2011
Wall Street Journal 09/07/2011
California Pulls Out of Foreclosure Talks
Wall Street Journal 09/30/2011
U.S., Banks Agree on Foreclosure Pact
Wall Street Journal 02/09/2012
Settlement Lifts Hopes For Housing Recovery
Wall Street Journal 02/10/2012
Foreclosure halt by judges, attorneys general and sheriffs across the U.S.
10/19/2010
In the absence of proper documentation public officials are questioning the foreclosure processes as currently carried out.
Grouped Articles
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
New York Times 05/19/2014
Foreclosure mess prompts growing number of public officials to slow down process
Washington Post 11/11/2010
States, mortgage lenders in talks over fund for borrowers in foreclosure mess
Washington Post 11/17/2010
Flawed Mortgage Papers May Pose Economic Risk, Panel Says
New York Times 11/20/2010
Only 1 in 4 Got Mortgage Relief
Wall Street Journal 02/28/2011
The faulty foreclosure paperwork crisis that is hitting U.S. banks.
10/14/2010
Grouped Articles
Fannieâs and Freddieâs Foreclosure Oversight Questioned
New York Times 10/19/2010
Foreclosure Crisis Slams Into Banks
Wall Street Journal 10/15/2010
Out of Maine, a National Foreclosure Freeze
New York Times 10/14/2010
Florida Foreclosure Lawyers Are Scrutinized Over Procedures
New York Times 10/15/2010
New York Times 10/14/2010
New York Times 10/14/2010
Robo-Lending and the crisis in housing in the USA
11/13/2010
Grouped Articles
Wall Street Journal 11/13/2010
States, mortgage lenders in talks over fund for borrowers in foreclosure mess
Washington Post 11/17/2010
Court Voids Foreclosures by U.S. Bancorp and Wells Fargo
New York Times 01/07/2011
Banks Court More Woe on Foreclosures
Wall Street Journal 01/08/2011
Schneiderman Is Said to Face Pressure to Back Bank Deal
New York Times 08/21/2011
California Pulls Out of Foreclosure Talks
Wall Street Journal 09/30/2011
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