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by Larry Margasak
A recently discovered e-mail, which forced postponement of Rep. Maxine Waters' ethics trial, appears to bring the House ethics committee no closer to proving she tried to obtain a U.S. bailout — during the financial crisis — for a bank where her husband owns stock.
With the decision by the ethics committee to renew its investigation of Rep. Maxine Waters, after the panel has already charged her with three counts of violating House rules, the secretive panel is moving into unchartered and heavily disputed territory.
by Steven Gillan
The week of Nov. 15-19 was a big week in Washington D.C. for troubled homeowners, housing counselors and anyone in the mortgage industry who cares about what is happening to real estate in this country — or it should have been.
By Ariana Eunjung Cha
Members of Congress criticized federal regulators for failing to recognize problems with the nation's foreclosure system before they were brought to light by media reports, and they called for an examination into whether these issues present a systemic risk to the financial system.
By Ronald D. Orol
The head of a congressional housing committee on Thursday said the Treasury Department hasn't done enough to push lenders to modify mortgages that are close to default.
By Lorraine Woellert and Clea Benson
U.S. House lawmakers criticized the Obama administration's program to prevent foreclosures as a Treasury Department official testified that the initiative has reduced monthly mortgage payments for almost 520,000 homeowners.
By William Alden
A top Treasury department official said Thursday that the government has still not imposed any fines on banks that do not comply with the Obama administration's mortgage modification program.