A partial settlement plan has been constructed by a group of state attorneys general and federal regulators. In theory, it addresses banks’ flawed mortgage servicing, modification and foreclosure practices. In reality, it just …
Whether it was a fresh startup or a fresh start, fewer Americans seemed willing to take career risks last year, according to a new report by Challenger, Gray & Christmas. The percentage of job-seekers starting their own busines…
For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…
The drop in home values caused by the mortgage crisis has resulted in one positive outcome: Prices have fallen so far that home affordability is back to pre-housing-boom levels, reports Moody’s Analytics. But a quarter of house…
A New Jersey court has invalidated a foreclosure by insisting on a basic concept of due process — that the bank must authenticate the documents it uses to make its case. But in the case of Wells Fargo v. Sandra A. Ford, there …