Finance & Mortgage

'Mortgage Deal Would Give States Enforcement Clout

A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.

'Eric Holder Launches Probe into Mortgage-Backed Securities Fraud

U.S. Attorney General Eric Holder Friday announced the formation of a task force focused on probing residential mortgage-backed securities following President Barack Obama's call for a unit to probe the finance industry's conduct leading up to the financial crisis.

'10 Trends in U.S. Housing in 2011 and What to Look for in 2012

As the end of 2011 approaches, the housing market is another year removed from the subprime mortgage meltdown. But the legacy of the crash remains, as homeowners, lenders, regulators and brokers alike continue to de
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