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bank oversight office failed to spot foreclosure fraud, treasury inspector general says
the office of the comptroller of the currency failed to spot widespread problems in the foreclosure practices of major banks between 2008 and 2010 because the agency’s examiners underestimated the mounting risks and were given outdated guidance that did not address how the industry had changed, according to a report issued friday by the treasury department’s inspector general. read full art...bay state foreclosure inventory declines in april
a total of 2 percent of all homes with a mortgage in massachusetts were in the foreclosure inventory as of april, better than the nation's 3.4 percent average, according to a new report from california data firm corelogic.billion dollar bait & switch: states divert foreclosure deal funds
by paul kiel and cora currier .article-inline-box { color: black; display: inline-block; font-size: 12px; padding: 10px 10px 0px 0px; float: left; margin: 0 12px 12px 0; width: 250px; border-right: 1px solid #cecece; border-top: 1px solid #cecece; } .article-inline-box ul { font-weight:bold; padding-top:10px; margin-bottom:0px; } .article-inline-box li { padding-left:10px; list-style-type: none...realtytrac: foreclosure homes accounted for 26% of q1 residential sales
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