More mortgage investors appear to be joining the fight to force banks to buy back bad loans. These investors face big challenges in spite of their swelling ranks, as banks are understandably reluctant to pay.
C…
Two crashes in recent years are bad enough, but investors are also facing high-frequency traders, bearish insiders, less-than-honest corporate self-portrayals and a moribund mortgage market. It’s no wonder they’ve lost confiden…
Now that N.Y. Chief Judge Jonathan Lippman has considerably tightened the state’s foreclosure rules, his effort to eliminate robo-signing has greatly raised the stakes for the banks’ attorneys. But what will the practical impac…
Interview Transcript: Joseph Stiglitz, Oct. 20, 2010
By Sam Gustin and Michael Rainey
Prof. Joseph Stiglitz is University Professor at Columbia University and Chair, Columbia University Committee on Global Thought. He teaches classes at the Columbia B…
The rescue of mortgage giants Fannie Mae and Freddie Mac could cost as much as $363 billion over the next three years — more than double the amount spent so far — the Federal Housing Finance Agency announced Thursday.
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