Saturday, December 16, 2017

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Mortgage lenders now cast themselves as saviors

PacWest Funding's CEO watched in late 2007 as rival mortgage brokerages, banks and collaborators collapsed under the weight of the declining housing market. Fearing his...

Bank of America sued over mortgage abuses

The states of Arizona and Nevada sued Bank of America Corp on Friday, accusing the largest U.S. bank of routinely misleading consumers about home...

Foreclosure nightmares: When the banks get it all wrong

Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled...

New White House rules for help on mortgages

The White House plans to announce on Friday that it will require lenders to lower the mortgage payments of some unemployed workers and encourage...