Resources > News > Foreclosure Crisis News: January 2011


A Bank Crisis Whodunit, With Laughs and Tears. THE NEW YORK TIMES (Gretchen Morgenson) January 31, 2011

Only 1% helped statewide in foreclosure mediation program. TAMPA BAY ONLINE (Shannon Behnken) January 30, 2011

Dexia Holding v Countrywide and the Sub-prime Crisis - the Scope of the Fraud May Begin to Unfold. LOS ANGELES EXAMINER (Joseph Zernik) January 30, 2011

U.S. investigates Deutsche Bank in foreclosure case. REUTERS (Scot J. Paltrow) January 30, 2011

Foreclosures spread into previously safe areas. AP (Alex Veiga) January 27, 2011

Panel blames deregulation for financial crisis. REUTERS (Dave Clarke and Kevin Drawbaugh) January 27, 2011

Countrywide Accused in Lawsuit of ‘Massive Fraud’. BLOOMBERG (Karen Freifeld) January 26, 2011

Fannie, Freddie paid $50 million in fees to Florida law firms under investigation. HOUSINGWIRE (Jon Prior) January 26, 2011

BofA Unit Ordered to Halt Foreclosures in Nevada. BLOOMBERG (David McLaughlin) January 26, 2011

Foreclosure Alternative Out of Reach for Homeowner. FORT MYERS FOX NEWS 4 January 26, 2011

Top congressional cop may probe mortgage servicers. REUTERS (Rachelle Younglai) January 26, 2011

TARP watchdog blasts Obama's foreclosure program. CNN MONEY (Ben Rooney) January 26, 2011

.U.S. Foreclosure-Prevention Program Accelerated in December Amid Criticism. BLOOMBERG (Lorraine Woellert) January 26, 2011

Financial Crisis Commission Finds Cause For Prosecution Of Wall Street. THE HUFFINGTON POST (Shahien Nasiripour) January 25, 2011

Fannie, Freddie leave $160 million in legal bills to taxpayers. New York Times (Gretchen Morgenson) January 24, 2011

Home Buyers Are at Risk in Bad-Foreclosure Case at Massachusetts Top Court. BLOOMBERG (Thom Weidlich) January 21, 2011

JPMorgan’s EMC Mortgage Sued Over Home Loan Documents. BLOOMBERG (Sophia Pearson) January 21, 2011

SEC Votes to Require Disclosures on Asset-Backed Bonds. BLOOMBERG BUSINESSWEEK (Jesse Hamilton and Jody Shenn) January 20, 2011

Key Senator Urges Obama To Push Foreclosure Relief In State Of The Union. THE HUFFINGTON POST (Zach Carter) January 20, 2011

Condo seeks sanctions over 'fraudulent' foreclosure filings. DAILY BUSINESS REVIEW (Paola Iuspa-Abbott) January 20, 2011

Regulators Seek New Rules for Mortgage Servicers. BLOOMBERG (Lorraine Woellert) January 19, 2011

Bair Calls for Foreclosure Panel Modeled on BP Fund. BLOOMBERG (Lorraine Woellert) January 19, 2011

The Making of a 'Liar's Loan,' With Help From the Loan Officer. DAILY FINANCE (Abigail Field) January 19, 2011

Ally Financial to withdraw Maryland foreclosures signed by Jeffrey Stephan. THE WASHINGTON POST (Dina ElBoghdady and Ariana Eunjung Cha) January 19, 2011

Editorial: Ferreting out mortgage fraud. ST. PETERSBURG TIMES January 19, 2011

Faulty Paperwork May Slow Millions Of Foreclosures. NPR (Chris Arnold) January 18, 2011

Fannie regulator wants changes to servicer pay. MARKET WATCH (Ronald D. Orol) January 18, 2011

Martin Luther King, Jr. and the Foreclosure Crisis. THE HUFFINGTON POST (Preeti Vissa) January 18, 2011

The 10 States That Got Crushed By Foreclosures In 2010. BUSINESS INSIDER January 18, 2011

GMAC dropping 250 Maryland foreclosure cases. THE BALTIMORE SUN (Jamie Smith Hopkins) January 18, 2011

Foreclosure means not leaving home for 673 days. THE TAMPA TRIBUNE (Shannon Behnken) January 18, 2011

2nd UPDATE: JP Morgan Wrongly Foreclosed On Military Families. DOW JONES NEWSWIRES (David Benoit) January 18, 2011

Foreclosure lawyers' misdeeds ignored in Florida? Despite complaints, ethics breaches slip past discipline system. HERALD-TRIBUNE (Todd Ruger) January 18, 2011

In their fight with banks over mortgage losses, investors get on borrowers' side. THE WASHINGTON POST (Ariana Eunjung Cha and Dina ElBoghdady) January 16, 2011

Ice Legal attorney, Dustin Zacks, to speak at American Conference Institute's 6th National Forum on Residential Mortgage Litigation & Regulatory Enforcement January 16, 2011

Tracing the signs of foreclosure traps. THE PALM BEACH POST (Christine Stapleton) January 15, 2011

South Florida foreclosure wave caught many flat-footed. THE MIAMI HERALD (Toluse Olorunnipa) January 14, 2011

New foreclosures fall in 2010, but first full-year dip since 2006 may be temporary. PALM BEACH POST (Kimberly Miller) January 14, 2011

DC Puts Its Bankster-Friendly Solution for Foreclosure Fraud on the Table. NAKED CAPITALISM (Yves Smith) January 13, 2011

Pension Funds Threaten Big Banks Over Foreclosures. CNBC (Diana Olick) January 10, 2011

Foreclosure crisis hits home for all. THE MIAMI HERALD (Toluse Olorunnipa) January 10, 2011

State guilty of 'delusional behavior' in slow response to foreclosure chaos, critics say. THE PALM BEACH POST (Kimberly Miller) January 10, 2011

LYONS: Report on foreclosure's legal issues is refreshing. HERALD TRIBUNE (Tom Lyons) January 9, 2011

Court rules against banks in pivotal mortgage case. THE PALM BEACH POST (Christine Stapleton) January 8, 2011

Mortgage Worries Trigger Bearish Banking Bets. THE WALL STREET JOURNAL (Brendan Conway) January 7, 2011

The Foreclosure Fraud Scandal Just Got Harder to Ignore. THE HUFFINGTON POST (Kevin Connor) January 7, 2011

Florida attorney general slams banks' foreclosure practices. LOS ANGELES TIMES January 7, 2011

Foreclosure-Prevention Program ‘Deeply Troubling,’ Issa Say. BLOOMBERG (Heidi Przybyla) January 7, 2011

Banks lose important ruling on foreclosures. REUTERS (Jonathan Stempel and Dena Aubin) January 7, 2011

Mass. court ruling has potential to void thousands of foreclosures. THE WASHINGTON POST (Ariana Eunjung Cha) January 7, 2011

Mass Court Rules Against US Bancorp, Wells Fargo On Foreclosures. THE WALL STREET JOURNAL (Matthias Rieker and Liz Moyer) January 7, 2011

Banks Lose Pivotal Massachusetts Foreclosure Case. BLOOMBERG (Thom Weidlich) January 7, 2011

JPMorgan, GMAC Urge New Jersey Court Not to Suspend Home Foreclosures. BLOOMBERG (David McLaughlin) January 7, 2011

State details foreclosure chaos: Evidence of forgeries, bogus witnesses and illegal shortcuts. THE PALM BEACH POST (Kimberly Miller) January 5, 2011

Report: Rep. Issa To Examine GSEs' Role In Foreclosure Crisis. MORTGAGE ORB January 4, 2011

Freddie Mac's seven facts about the foreclosure process. HOUSING WIRE (Jon Prior) January 4, 2011

BofA, JPMorgan Could Be Near Foreclosure Settlements. FORBES January 4, 2011

Five Biggest Lenders May Be First to Settle Foreclosure Probe, Iowa Says. BLOOMBERG ( Margaret Cronin Fisk and Prashant Gopal) January 4, 2011