Bank of America's legal settlement with Fannie Mae for $3.6 billion

06/03/2011

Grouped Articles

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

Bank of America Swings to Loss on Legal Charge, Lower Mortgage Originations

Wall Street Journal 04/16/2014

Saabira Chaudhuri, Saabira, Chaudhuri

Bank of America's Earnings Cup Springs a Leak

Wall Street Journal 04/17/2014

John Carney, John, Carney

Bank of America to Pay Fannie Mae $3.6 Billion

Wall Street Journal 01/07/2013

Saabira Chaudhuri, Saabira, Chaudhuri

Fannie Sees a Way to Repay Billions

Wall Street Journal 03/18/2013

Nick Timiraos, Nick, Timiraos, Alan Zibel, Alan, Zibel

Home Truths

Wall Street Journal 06/03/2011

James Freeman, James, Freeman

Questions about the fairness of the U.S. Justice Department's $13 billion settlement with JP Morgan Chase bank

10/21/2013

Grouped Articles

Considering the Fairness of JP Morgan's Deal

New York Times 10/21/2013

Peter Eavis, Peter, Eavis, Ben Protess, Ben, Protess

A $13 Billion Reminder of What’s Wrong

New York Times 10/26/2013

Gretchen Morgenson, Gretchen, Morgenson

J.P. Morgan Reaches $4.5 Billion Settlement With Investors

Wall Street Journal 11/17/2013

Dan Fitzpatrick, Dan, Fitzpatrick, Julie Steinberg, Julie, Steinberg

J.P. Morgan, U.S. Reach Historic Settlement

Wall Street Journal 11/19/2013

Devlin Barrett, Devlin, Barrett, Dan Fitzpatrick, Dan, Fitzpatrick

J.P. Morgan Is Haunted by a 2006 Decision on Mortgages

Wall Street Journal 11/20/2013

Devlin Barrett, Devlin, Barrett, Dan Fitzpatrick, Dan, Fitzpatrick

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

The $26 billion U.S. mortgage settlement of Feb. 2012 between state attorneys general and the banks

02/09/2012

An estimated $17 billion of this would go to homeowners. Experts say this is good for the banks by reducing legal uncertainty and for attorneys general of states, but it is likely to do too little to significantly change the difficult situation in the housing market. This is because there is an estimated total of $700 billion in negative equity that 11 million homeowners under water have in the housing market, according to Capital Economics in London cited by Morgan Gretchenson in the New York Times, Feb. 12, 2012. The 17 billion is about 2.4% of this total.

Grouped Articles

J.P. Morgan Reaches $4.5 Billion Settlement With Investors

Wall Street Journal 11/17/2013

Dan Fitzpatrick, Dan, Fitzpatrick, Julie Steinberg, Julie, Steinberg

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

Settlement Lifts Hopes For Housing Recovery

Wall Street Journal 02/10/2012

Nick Timiraos, Nick, Timiraos, Ruth Simon, Ruth, Simon

Q&A: What Homeowners Need to Know on the Deal

Wall Street Journal 02/10/2012

Ruth Simon, Ruth, Simon

How the Pact Affects Banks

Wall Street Journal 02/09/2012

Matthias Rieker, Matthias, Rieker

Banks Still Looking for Closure

Wall Street Journal 02/10/2012

David Reilly, David, Reilly

J.P. Morgan's $410 million settlement with the Federal Energy Regulatory Commission

07/21/2013

Grouped Articles

J.P. Morgan, Regulator Near Pact

Wall Street Journal 07/21/2013

Dan Fitzpatrick, Dan, Fitzpatrick, Rebecca Smith, Rebecca, Smith

JPMorgan Chase CEO Jamie Dimon’s complicated relationship with Washington - The Washington Post

Washington Post 11/03/2013

Danielle Douglas, Danielle, Douglas, Steven Mufson, Steven, Mufson

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

Goldman Sachs legal settlements

01/09/2010

Grouped Articles

Goldman Has Eyes On Future

Wall Street Journal 07/23/2013

Francesco Guerrera, Francesco, Guerrera

A Moot Effort to Burnish the Reputation of Goldman Sachs

New York Times 10/23/2013

Jesse Eisinger, Jesse, Eisinger

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

Goldman, Bain to Pay $121 Million to Settle Lawsuit

Wall Street Journal 06/12/2014

Gillian Tan, Gillian, Tan

Goldman Faces Record Payout in Mortgage Case

Wall Street Journal 07/29/2014

Justin Baer, Justin, Baer

Goldman Sachs Settles FHFA Lawsuit for About $1.2 Billion

Wall Street Journal 08/23/2014

Justin Baer, Justin, Baer, Joe Light, Joe, Light

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

Michael Corkery, Michael, Corkery, Al Yoon, Al, Yoon

Mortgage Program Pans Out

Wall Street Journal 12/31/2013

Nick Timiraos, Nick, Timiraos

Fannie’s and Freddie’s Foreclosure Oversight Questioned

New York Times 10/19/2010

Binyamin Appelbaum, Binyamin, Appelbaum

Banks Keep their Mortgage Litigation Reserves a Secret

New York Times 01/16/2014

Peter Eavis, Peter, Eavis

The Case Against the Bernanke-Obama Financial Rescue

New York Times 05/16/2014

Binyamin Appelbaum, Binyamin, Appelbaum

BP’s Cuts May Wound Portfolio Recovery

Wall Street Journal 02/04/2015

Helen Thomas, Helen, Thomas