The Financial Crisis Inquiry Commission’s report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. Next stop: Government and class action lawsuits to recoup some of what we a…
JPMorgan Chase may come to regret buying Bear Stearns. Suits by Wells Fargo and bond insurer Ambac claim that Bear entirely disregarded loan quality to appease its trading desk’s ever-growing demand for mortgages to securitize….
While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, gri…
With the economic recovery gaining steam, President Obama’s State of the Union address — and the GOP response — should be seen as a shift to a less activist approach. Feel-good rhetoric may be wiser than heavy-handed policies…
Lee County, Fla., has become infamous for the “rocket docket” — its system of speeding foreclosure cases through the courts. DailyFinance spoke with the Lee County Clerk who says the super-charged system was his idea.
…