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Tony West leaves the Justice Department with mortgage fraud investigations of at least 10 more companies including Goldman Sachs and Morgan Stanley still pending.
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
Bank of America's much-anticipated settlement with the U.S. Justice Department is less punitive than the price tag suggests.
The social unrest in Ferguson, Mo. shows why Fannie Mae and Freddie Mac are still needed to keep home ownership affordable, banking analyst Dick Bove said Wednesday.
Former President Clinton's proposal to spend money from bank fines on infrastructure has been widely ignored. But it may help Americans feel the fines are serving a real purpose.
Pershing Square Capital Management and three other common shareholders in Fannie Mae and Freddie Mac unveiled their lawsuit against the U.S. and the two Government Sponsored Enterprises on Thursday.
Fannie Mae and Freddie Mac common shareholders led by investor Bill Ackman’s Pershing Square Capital Management will on Friday file the latest of many lawsuits against the federal government.
The MLP structure no longer made sense for Kinder, but may yet again in the future.
States such as Florida and Nevada that were hardest hit by the mortgage crisis will again miss out on cash payments in an expected settlement for more than $16 billion.
California Attorney General Kamala Harris is showing her hand as Morgan Stanley faces off against a powerful federal and state mortgage task force.