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The main news programs on broadcast networks ABC and NBC have ignored the biggest scandal roiling the banking world this summer, according to the nonprofit website Media Matters for America. Other networks have covered it, but critics urge TV to toughen reporting on banking.
August 2 -
Resurrecting Glass-Steagall means resurrecting the large, highly leveraged investment banks engaged in high-risk trading for their own accounts.
August 2
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KeyBank has become the latest regional bank to bring its credit cards back in house.
August 2 -
The CFPB has taken its first civil action, suing a Los Angeles law firm that it says has preyed on distressed borrowers by offering bogus mortgage loan modifications.
August 2
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The Consumer Financial Protection Bureau has taken its first civil action, suing and effectively stopping business at a Los Angeles law firm that charged homeowners for loan modifications that allegedly never happened.
August 2 -
OK, this isn’t your normal DFRW fare, but we can’t quite let this vision go.
August 1
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Johnson's letter to FHFA chief DeMarco urges the agency to rethink decision that disallows principal writedowns.
August 1 -
In testimony before a House committee, the CFPB director said that the rules meant to simplify the disclosure process are long and detailed because that's what the mortgage industry wanted.
August 1 -
Fannie Mae on Wednesday opened a mortgage help center in Ontario, Calif., and now operates a dozen centers nationwide that provide free education and counseling servicers to struggling homeowners.
August 1 -
FHFA acting director DeMarco's rejection of principal reductions for underwater homeowners led some to praise his judgment and others to call for his termination. What's your take?
August 1
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