The mortgage industry has created a system meant to simplify the handling of loan documents. Instead, it’s legally shaky, makes tracking mortgage-note ownership extremely hard and may wind up throwing into doubt who actually co…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
On Thursday night, venture capitalist and DailyFinance columnist Peter Cohan went on CNBC’s The Kudlow Report to debate whether the banking industry is at the start of a period of recovery, as Goldman Sachs claimed this week. H…
The foreclosure crisis continues to pummel millions of Americans, and it has given rise to new con artists offering false assistance that leaves homeowners even deeper in debt. If you don’t want to get kicked when you’re alread…
Bank of America challenges testimony by one of its operational leaders — that Countrywide may have held on to homeowners’ notes that it should have put into a trust. But the testimony is reinforcing fears that BofA is in big t…