Subsidiaries of Bank of America and Morgan Stanley will pay scores of service members at least $22 million for violating a law on foreclosures. Go to Source

The New York Fed wants to know whether the mortgage-servicing arm of Goldman Sachs systematically rejected borrowers’ efforts to lower loan payments through government programs. Go to Source

The nation’s biggest banks and mortgage lenders have amassed a glut of foreclosed homes that threatens to deepen the housing slump. Go to Source

The nation’s biggest banks and mortgage lenders have amassed a glut of foreclosed homes that threatens to deepen the housing slump. Go to Source

Nonprofit agencies say that home buyers who undergo prepurchase counseling are less likely to lose their homes because of a bad mortgage product. Go to Source

Some groups in California are fighting foreclosures, with mixed results. Go to Source

Some groups in California are fighting foreclosures, with mixed results. Go to Source

Although the Raj Rajaratnam trial garnered most of the attention on Wall Street last week, making the foreclosure fiasco go away remained bankers’ biggest worry. Go to Source

Although the Raj Rajaratnam trial garnered most of the attention on Wall Street last week, making the foreclosure fiasco go away remained bankers’ biggest worry. Go to Source

Agencies across New York that have provided a last-ditch legal lifeline to distressed homeowners are imperiled. Go to Source