Clusterzine
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As Los Angeles housing advocates launched a campaign warning of mortgage rescue scams, a couple hit by foreclosure are charged with torturing two loan-modification agents they suspected of fraud, authori...
Fri, 30 Oct 2009 02:29:01 -0400
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"Flawless credit," she boasted. Yet now, her good credit habits could cost her. Earlier this month Bank of America started notifying customers like Mullen-Kress that they will be charged a new annual f...
Fri, 30 Oct 2009 02:19:03 -0400
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 | Costs to resolve a failing firm will be repaid first from the assets of the failed firm at the expense of shareholders and creditors, and to the extent of any shortfall, from assessments on all large fin... |
Fri, 30 Oct 2009 02:16:01 -0400
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 | Yes, the Obama administration is pushing to dramatically increase the regulation of consumer and other financial transactions that have run amok, but there is widespread concern from across the political... |
Fri, 30 Oct 2009 01:32:40 -0400
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 | In a scathing report out Wednesday, a government watchdog blasts the Treasury Department for its handling of a $700 billion bailout program and for not adopting all of its earlier recommendations.
Speci... |
Fri, 23 Oct 2009 01:13:59 -0400
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Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops—especially in areas where large numbers of mortgages are headed toward foreclosure over the... |
Fri, 23 Oct 2009 01:10:05 -0400
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- More is Less - This American Life / NPR (podcast, 1 hour) - In Netherlands, Insurers Compete Over Quality of Care - NewsHour / PBS (video)- Going Out of Business? - FactCheck (News Analysis) A Texas...
Fri, 23 Oct 2009 01:03:05 -0400
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Warren roasted former Treasury Secretary Hank Paulson for his handling of TARP, saying that he claimed the money would be funneled "into the banks to increase lending, specifically to increase small busi...
Fri, 23 Oct 2009 00:52:07 -0400
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As Members of Congress debate the most sweeping reform of the financial industry in decades, some are working closely with an outspoken Harvard professor who has been tapped to oversee the banking bail... |
Fri, 23 Oct 2009 00:49:14 -0400
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And why is Goldman not on the list?
The Treasury Department on Thursday is expected to order seven companies that have not paid back last year's government bailouts to halve their top executives' aver... |
Fri, 23 Oct 2009 00:46:14 -0400
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Angelo Mozilo
Phil Gramm
Alan Greenspan
Chris Cox
American Consumers
Hank Paulson
Joe Cassano
Ian McCarthy
Frank Raines
Kathleen Corbet
Dick Fuld
Marion and Herb Sandler
Bill Clinton
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Fri, 23 Oct 2009 00:39:55 -0400
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Successfully modifying loans has proved elusive at times because of multiple factors, including under-trained negotiators, lost paperwork and foreclosure proceedings inadvertently begun before trial l...
Tue, 13 Oct 2009 18:07:21 -0400
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None of the government’s efforts to help Americans save their homes has put any legal pressure whatsoever on lenders and their representatives to offer more affordable terms to homeowners stuck in bad ...
Tue, 13 Oct 2009 17:58:25 -0400
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"The banks are not paying their dividends because they are worried about preserving capital," says Eric Fitzwater, associate director of research at SNL Financial.
The Treasury Department says it cannot...
Tue, 13 Oct 2009 17:50:33 -0400
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Republicans reacted wtih outrage last week after Rep. Alan Grayson (D-FL) offered a blistering attack on the nearly-invisible Republican healthcare proposals: "The Republican health care plan is this: Do...
Tue, 13 Oct 2009 17:20:25 -0400
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Five hundred thousand troubled homeowners have had their loan payments lowered on a trial basis under the Making Home Affordable Program, said Treasury Secretary Timothy F. Geithner in a morning telephon...
Tue, 13 Oct 2009 03:30:23 -0400
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 | A day after the Obama administration proclaimed significant progress in its effort to spare troubled homeowners from foreclosure, an oversight panel on Friday sharply criticized the program and declared ... |
Tue, 13 Oct 2009 03:27:33 -0400
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The health insurance industry doesn't want Congress to let you off easy if you decide to ignore a proposed requirement that all Americans must have coverage.
Determined to get as many people as possible...
Tue, 13 Oct 2009 02:56:34 -0400
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 | As soon as swine flu vaccinations start next month, some people getting them will drop dead of heart attacks or strokes, some children will have seizures and some pregnant women will miscarry.
But those... |
Tue, 13 Oct 2009 02:50:10 -0400
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Fourteen major health insurers and their industry association flexed their political muscle to the tune of $2.5 million per month – an increase of 25 percent over previous years – in the first half o...
Tue, 13 Oct 2009 02:47:31 -0400
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