Developer pleads guilty to bank fraud conspiracy | WBRZ News 2 Louisiana : Baton Rouge, LA |
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Bernanke Praises Community Banks
Ben S. Bernanke, the chairman of the Federal Reserve, while defending regulations, said the institutions were getting stronger.
DEALBOOK: S.E.C. Charges Three Former Mortgage Executives With Fraud
The agency says former executives at Thornburg Mortgage, once the nation's second-largest mortgage company after Countrywide Financial, hid the company's deteriorating financial condition at the onset of the financial crisis in 2008.
Bank Officials Cited in Churn of Foreclosures
An extensive federal examination of banks' foreclosure practices found that managers ignored widespread errors ahead of the 2008 housing market collapse.
Latest Stress Tests Are Expected to Show Progress at Most Banks
The Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions.
MORTGAGES: Paying on Time
With so many homeowners still feeling pinched financially, it is crucial to understand and adhere to mortgage payment deadlines.
New York Times article: http://nyti.ms/w4ObHG