Mortgage Lenders

Keith Boykin: Everything The Media Told You About Occupy Wall Street Is Wrong

After 10 days out of town, I finally made it to Occupy Wall Street on Tuesday and had a chance to see for myself what's going on. My conclusion: almost everything the media told me about the protest is wrong.

Post-Mortgage Modification, Shoddy Bank Practices Hurt Homeowners

Many homeowners have been granted a hard-fought mortgage modification only to have their mortgage company effectively pull a bait and switch. The problems range from homeowners being hit with unexpected extra charges to the bank simply ignoring the signed agreement.

Foreclosure flood may not have crested yet

If the national foreclosure crisis were a baseball game, we would be in about the top of the sixth. And we may have to go to extra innings.

Mortgage Market on the Mend

"These numbers point to a mortgage market on the mend," said Jay Brinkmann, MBA's chief economist. "Foreclosure starts are at the lowest level since the end of 2008 and had the second largest drop ever.

Goldman Traders Tried to "Cause Maximum Pain" with Mortgage Dirivatives in '07

"We began to encourage this squeeze, with plans of getting very short again," Deeb Salem, a trader in the structured product group, said in a 2007 self-evaluation excerpted in the report.

Mortgage lenders settle but still face probe

A settlement between some federal regulators and 14 of the nation's biggest financial institutions does not mean the end of a wide-ranging probe into shoddy lending practices and wrongful foreclosures, officials said Wednesday.

How a bankruptcy filing can save your home

By the time the foreclosure notice arrives, most struggling homeowners figure they are out of options. But there is one more step, often overlooked but sometimes effective: bankruptcy.