Search Results for: Sub-prime

FBI Deputy Director John Pistole said Wednesday the FBI is looking at shifting a number of agents from national security and counterterrorism activities to investigations involving financial fraud, during a hearing before the US Senate...

The National Community Reinvestment Coalition (NCRC) has filed a federal civil rights complaint with the US Department of Housing & Urban Development (HUD) Office of Fair Housing & Equal Opportunity (FHEO) ...

JURIST Contributing Editor Nancy Rapoport of the William S. Boyd School of Law, University of Nevada Las Vegas, says that the current financial crisis reflects a failure on the part of lawmakers and regulators to learn some of the key...

Canadian government accountability group Democracy Watch brought a lawsuit on Thursday, seeking to postpone the country's parliamentary elections scheduled for October 14. The group argues that the elections, proposed by Prime Minister Stephen...

The Federal Bureau of Investigation is currently investigating Fannie Mae, Freddie Mac, Lehman Brothers, and AIG along with 22 other financial institutions for possible mortgage fraud , US media outlets reported Tuesday. The investigations...

Members of the US Congress spoke out about regulatory changes and investigations following a stock market drop propelled by Lehman Brothers' Chapter 11 bankruptcy filing and the sale of Merrill Lynch on Monday. Speaker of the House...

The US Court of Appeals for the Ninth Circuit on Friday ruled that the federal Truth in Lending Act (TILA) does not provide for statutory relief for a lender's failure to conspicuously disclose certain...

The US Senate in a special Saturday session passed by 72-13 the Foreclosure Prevention Act of 2008 , designed to address problems from the country's so-called "sub-prime mortgage collapse." The Act provides for...

House Financial Services Committee Chairman Barney Frank (D-MA) said during a Committee hearing Friday that providing inducements to those who hold liens was the only practical legislative solution to the country's so-called "sub-prime mortgage collapse," and...

The US House of Representatives on Wednesday passed the Foreclosure Prevention Act of 2008 , a bill designed to address problems from the country's so-called "sub-prime mortgage collapse." The Act provides for government...