Tags: mortgage settlement

DOJ Press Release on Mortgage Abuses Settlement

February 9th, 2012
in econ_news

Econintersect:  We have obtained the full statement released by the U.S. Dept. of Justice Thursday (February 9, 2012) and it is reproduced below with selected passages highlighted by the editor.WASHINGTON – U.S. Attorney General Eric Holder, Department… more »

Critics: Mortgage Deal is a Cave-In to Banks

February 9th, 2012
in econ_news

Econintersect:   A mortgage fraud settlement deal has been reached between the Attorney generals of 49 states, the U.S. government and five large banks involved in about 60% of U.S. mortgages.  The deal does not involve the other two large mortgage banks… more »