Thursday, April 4, 2013

Watchdog Criticizes Regulators For Letting Banks Off Hook In Foreclosure Reviews

Watchdog Criticizes Regulators For Letting Banks Off Hook In Foreclosure Reviews: When federal regulators reached their second foreclosure fraud settlement with the nation’s largest lenders in January, lawmakers and housing advocates panned it for letting banks “sweep past abuses under the rug.” Regulators ended the foreclosure review process banks to which banks had been subject to reach the $8.5 billion settlement, allowing them to pay far [...]/p