Quantcast

Tag Archives: fed

Feds sue mortgage broker, alleging lending fraud

NEW YORK — The federal government sued one of the nation’s largest privately held mortgage brokers on Tuesday, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose ...

Read More »

Regulators balk at demands for foreclosure reports

WASHINGTON — Banking regulators refused to commit to releasing details of their investigations into illegal foreclosure practices by the nation’s largest banks. Appearing before a Senate panel Thursday, Federal Reserve Chairman Ben Bernanke and Acting Comptroller of the Currency John ...

Read More »