CFPB collecting data on 600 million credit accounts despite privacy, security risks

CFPB collecting data on 600 million credit accounts despite privacy, security risks

GAO report: Weaknesses in CFPB ability to assess data collection, oversight troubling

3 burning appraisal questions for the CEO of Veros

This is what Darius Bozorgi means

Ginnie Mae launches 5 new initiatives to increase mortgage lending

HUD secretary warns American Dream remains out of reach
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Items Tagged with 'Financial crisis'

ARTICLES

Are subprime mortgages coming back?

Lenders missing opportunity to make more money
Brena Swanson
It’s time to return to the days of subprime lending, at least that's what this one article suggests. But not the subprime lending that is negatively associated with the financial crisis.
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Home price decline not as severe as once reported

Case-Shiller revises data
Brena Swanson
Now that the economy has had seven years to digest the financial crisis, the real impact of the recession might not be as bad as it appeared, according to new data from S&P/Case-Shiller.
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Countrywide’s Mozilo speaks: “We didn’t do anything wrong”

Former CEO fights back against coming lawsuit
Brena Swanson
Six years after the financial crisis and the government is still seeking justice for the financial crisis, targeting Countrywide Financial co-founder Angelo Mozilo. But to Mozilo, he did nothing wrong.
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Why is George Soros staking a huge claim in AIG and Ally?

Bets on AIG, moves out of Visa, MasterCard
Trey Garrison and Brena Swanson
Soros Fund Management is putting a giant stake in the firm that received an $85 billion bailout during the subprime mortgage crisis. A $98.4 million stake to be exact, which makes AIG the second largest investment for one of the world's biggest investors.
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Investors eye non-performing loan securitizations

Interest in delinquent loans is increasing
Brena Swanson
With the housing recovery in full swing, it is now fueling a niche market for newly minted bonds that are backed by the most troubled mortgages of them all: those on homes on the verge of foreclosure.
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Before you judge Dodd-Frank...

Urban Institute: "Can we really calculate the cost?"
Brena Swanson
Now four years old, Dodd-Frank is struggling to measure up to its original design. But according to the Urban Institute, before disregarding Ddd-Frank as a fail, understand that it is complex and difficult law.
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Freedom Mortgage originations grow despite industry pullback

Smaller lenders steal more market share
Brena Swanson
As bigger players see a contraction in originations, Freedom Mortgage is recording strong growth.
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HOPE NOW assisted 37,000 struggling borrowers in May

Number of helped homeowners reaches 7.05 million
Brena Swanson
HOPE NOW continues to help struggling homeowners, with an estimated 37,000 homeowners receiving permanent, affordable loan modifications from mortgage servicers in May.
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Bank of America could pay $12 billion to settle mortgage claims

Could surpass JPMorgan
Brena Swanson
Bank of America is in talks with the Justice Department to settle the bank’s alleged handling of shoddy mortgages in the runup to the financial crisis.
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Freddie Mac: Three Texas cities dominate housing recovery

Lone Star state shows remarkable strength
Brena Swanson
Compared with the rest of the nation, the Texas housing market is running strong since the financial crisis, and what it did get hit with, it recovered from quickly. And this report shows just that.
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