This article is in regards to a New York State Senate bill, the Child Victims Act. The bill is growing in popularity by the new Democratic majority in the State Legislature, and there is a good...
There is a fight building over judges' roles in altering loan terms on mortgages that are either unaffordable or that were structured improperly from their origination. Congressional Democrats say...
Earlier today, at a press conference in Chicago, President-elect Barack Obama called for sound judgment and fresh thinking in addressing the nation's economic crisis, which he described as a...
If there's no such thing as bad publicity, why is it that 2008, for former Republican senator Phil Gramm, has been nothing but bad publicity for the man who John McCain once credited with saving his...
Here's an excellent piece written by Mike Cassidy of the San Jose Mercury News on the realities of the foreclosure crisis, which has yet to be abated by the government or lenders. Mr. Cassidy's...
Below is an Associated Press article from Sunday's (10/26) Washington Post. It's a very well written analysis as to why the government and Wall Street have been having such a hard time coming to...
When a new state law went into effect over the latter part of the summer, California immediately saw a drop in loan default notices, which has also proven to show a drop in foreclosure numbers. In...
Former SEC Chairman Arthur Levitt, Senate Banking Committee Chairman Chris Dodd and Senator Robert Casey (D-PA), this morning, gave their opinions on what they believe led to the economic and...
There are a lot of different news outlets and political blogs pointing fingers at who's to blame for the financial crisis and why Americans should or should not support the failed bailout (or...
A key provision added to the bailout bill by Democrats last week, and a provision that likely dissuaded about two-thirds of House Republicans from voting "Aye" on the failed bill today, deals with...
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