March 12, 2012

Myth vs. Fact: Setting the Record Straight about Historic Mortgage Servicing Settlement

On February 9, the Department of Justice, the U.S. Department of Housing and Urban Development, other federal agencies, and 49 state attorneys general announced the largest federal and state settlement agreement in history with the five major mortgage servicers for their mortgage servicing practices.  This $25 billion agreement is the most significant action to hold […]

February 15, 2012

Federal officials: Deal holds banks accountable

In a guest column today in the Las Vegas Sun, Secretary Donovan and Attorney General Eric Holder talk about the historic mortgage servicing settlement. Too often, real progress in Washington can be stymied by bureaucratic red tape, turf fights, or conflicts between federal and state authorities. Unfortunately, it has become a place where partisan deadlock […]