A former Countrywide Financial executive cashed in on $57-million payday after whistleblowing in Bank of America investigation. The NYT reports.» Read More
Jane Wells reflects on why so many people can't forget the losses they endured in 2009, from houses to money to jobs.
U.S. housing regulators want to fine Bank of America more than $6 billion for misleading mortgage agencies during the housing boom.
Banks have been accused of foreclosing on homeowners because they failed to maintain mortgage paperwork. Now there are signs the same problem hurts mortgage bond investors too.