Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'Attorney General Eric Holder'

ARTICLES

Tony West leaving DOJ after negotiating massive RMBS settlements

Led DOJ’s toxic mortgage task force
Ben Lane
In his role, he headed the DOJ’s residential mortgage-backed security task force that in the past several months has secured massive settlements with Citigroup, JPMorgan Chase, Bank of America and others over the banks’ toxic mortgage lending practices that led to the collapse of the housing economy.
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DOJ warns Citi settlement “will certainly not be the last”

AG Holder says cases coming soon against additional banks
Ben Lane
“We have not ruled out holding these organizations or individuals criminally responsible,” U.S. Attorney General Eric Holder said. “The agreement does not preclude the ability to bring criminal charges.”
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Mortgage investors concerned about JPMorgan legal settlement

HousingWire Staff
The Association of Mortgage Investors sent a letter to Attorney General Eric Holder warning that innocent mortgage-backed securities investors could end up shouldering a huge part of the financial burden if the AG settles a pending MBS case with JPMorgan Chase.
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