Opinions

A U.S. district court has halted an operation that allegedly subjected consumers to abusive collection practices and deceived the small-business clients for whom it collects.

Kevin MacMillan has moved from the government-relations shop at Bank of America Corp. to that of U.S. Bancorp.

We already know of one presidential candidate, Rep. Ron Paul, R-Texas, who is a steadfast critic of the Federal Reserve System. But did you know that another used to be a central banker himself?

WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.

Consumers could save upwards of $63 billion a year if Fannie Mae and Freddie Mac participate in a workable refinancing program for underwater borrowers, according to Moody's Investors Service.

Efforts to negotiate a settlement between state attorneys general and the top five mortgage servicers collapsed Friday after California pulled out the negotiations.

B. Riley & Co. analyst Rich Eckert thinks the government "should get out of the way" of the housing market, and discussing the potential effects of mortgage refinancing programs.

California Attorney General Kamala D. Harris pulled out Friday of state and U.S. efforts to negotiate an end to the government's investigation of alleged foreclosure abuses, calling the proposed settlement "inadequate for California homeowners."

A Virginia mortgage lender has agreed to pay $140,000 in compensation and revise its pricing policies to settle a lawsuit alleging that it discriminated against minority borrowers, the Justice Department said Friday.

The HUD inspector general wants the Federal Housing Administration to ban corporate officers from the FHA program if they have left a company that has not met its obligations to indemnify the government for delinquent loans.