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Why is the federal government so hard on debtors?
FORTUNE — Chances are that if you’re a debtor, you owe some of that debt to the federal government. Two major changes to federal policy following the financial crisis — ousting private banks from the...
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Obama administration continues to block solutions to the foreclosure crisis
You didn’t think you were going to get off that easy, did you America? The housing market has made huge strides in recent years–Core Logic, for instance, reported Tuesday that home prices increased by...
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Goldman Sachs in $3.15 billion settlement with federal regulators
Goldman Sachs GS has agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie Mae and Freddie Mac to settle accusations that it misstated the quality of the investments. The...
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HSBC settles mortgage case for $550 million
By Nate Raymond, REUTERS HSBC Holdings will pay $550 million to resolve a U.S. regulator’s claims that the British bank made false representations in selling mortgage bonds to Fannie Mae and Freddie...
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Court throws out two suits over Fannie, Freddie dividends
A U.S. federal judge on Tuesday threw out two suits from investors in Fannie Mae FNMA and Freddie Mac FMCC that aimed to stop the transfer of their profits to the U.S. Treasury, in what may set a...
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