In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.
The Federal Deposit Insurance Corp. (FDIC) is lookin…
The FBI is trying to determine if large lenders broke the law in the mortgage foreclosure crisis.
The agency is trying to determine whether individuals working for large mortgage lenders acted with criminal intent or were simply overwhelmed by events during the crisis, The Associated Press reported without naming its sources.
Attorneys general in all 50 states are currently…
Continue reading FBI Reportedly Investigating Foreclosure Crisis
FBI Reportedly Investigating Foreclosure Crisis originally appeared on DailyFinance on Wed, 20 Oct 2010 06:32:00.
Filed Under: Company News, Bank of America, Real Estate, Taxes, Credit