Maxine In The News
April 15, 2011
Maxine in the News
by Jon Prior
Mortgage servicers may have to review as much as $535 billion in loans for possible remediation to borrowers who suffered financially from improper foreclosures, according to an estimate from the investment bank Keefe, Bruyette & Woods.
April 14, 2011
Maxine in the News
By Alejandro Lazo and E. Scott Reckard
Citing "pervasive" misconduct in foreclosures, federal regulators have ordered the nation's biggest banks to overhaul their procedures and compensate borrowers injured financially by wrongdoing or negligence.
April 14, 2011
Maxine in the News
By Dina ElBoghdady
Three federal agencies announced agreements with the nation's largest mortgage servicers Wednesday that aim to stem shoddy foreclosure practices. But the plans do not immediately impose financial penalties on the companies or force them to reduce the mortgage debt for troubled borrowers.
April 13, 2011
Maxine in the News
By Lorraine Woellert
The 14 largest U.S. mortgage servicers must pay back homeowners for losses from foreclosures or loans that were mishandled in the wake of the housing collapse, the first of a set of sanctions regulators are seeking against the companies.
April 12, 2011
Maxine in the News
by Josh Grossberg
Even though a last-minute deal staved off a federal government shutdown the night before, thousands of people came to a park near Inglewood on Saturday to warn their elected officials not to cut spending to programs they hold dear.
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April 12, 2011
Maxine in the News
by Kaitlin Parker
Hundreds of South LA residents gathered at Jesse Owens Park today to attend a community meeting on federal budget cuts hosted by Congresswoman Maxine Waters.
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April 12, 2011
Maxine in the News
By Marc H. Morial
What do American Express, Merck, Xerox, Darden Restaurants, and Citibank have in common?
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April 8, 2011
Maxine in the News
by Kitty Felde
Congress is still talking, but the clock is running down to midnight Friday when the federal government runs out of money. If lawmakers can't work out a budget agreement, "non-essential" federal workers will not show up to work starting on Saturday. Here's what'll stay open and what won't.
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April 5, 2011
Maxine in the News
by Jon Prior
Members of the House Financial Services Committee want more information on how Fannie Mae and Freddie Mac contract with companies charged with managing and reselling previously foreclosed homes, known as REO.
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April 4, 2011
Maxine in the News
By Lorraine Woellert
The National Association of Homebuilders and the National Association of Realtors asked House Republicans to delay a vote on a package of bills to reduce the dominance of Fannie Mae and Freddie Mac.
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