Tales of robo-signers hit YouTube
It isn’t just Justin Bieber videos or stunning plays in a middle-school football game that are getting attention on YouTube these days. Add to the list a former hotel maid explaining how she signs...
View Article$25B nationwide mortgage deal goes to states
The nation’s five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft...
View ArticleStates, banks reach $25B foreclosure settlement
U.S. states have reached a $25 billion deal with the nation’s biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst. Federal and state officials announced the...
View ArticleWhistleblowers reap millions in US mortgage suits
Troubled homeowners are not the only ones set to get a financial lift from the U.S. government’s $25 billion landmark mortgage settlement. Whistleblowers who were instrumental in revealing epidemic...
View ArticleReport: Treasury OK’d raises at bailed-out firms
The Special Inspector General for Troubled Asset Relief Program says Treasury approved 18 raises for executives at American International Group Inc., General Motors Corp. and Ally Financial Inc.
View ArticleOfficials debate high pay at bailed-out firms
Government officials argued Tuesday over whether pay is still too high for top executives at bailed-out companies like AIG, General Motors and Ally Financial.
View ArticleAlly files for IPO that could raise more than $3B
Ally Financial has filed for an initial public offering that could raise as much as $3.06 billion.
View ArticleUS Treasury raises $2.38B in Ally stock sale
The money is needed for the government's ongoing effort to recoup the billions of dollars spent bailing out companies during the 2008 financial crisis.
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