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California orders Ally Financial to stop foreclosures in state

Sunday, March 13th, 2011

California attorney general Edmund G. Brown Jr. demanded that Ally Financial stop foreclosures in the state if it could not “immediately prove” its compliance with the law.

Obama administration vows to ease mortgage process

Sunday, March 13th, 2011

Extended foreclosure freeze could add pressure on housing market

Sunday, March 13th, 2011

An extended halt of foreclosure proceedings could put additional pressure on an already strained housing market as federal and state officials press banks for answers on possible problems with mortgage paperwork.

Signs of foreclosure paperwork problems were missed, FDIC chief says

Sunday, March 13th, 2011

Chairwoman Sheila Bair says shifts such as a significant drop in mortgage service fees should have raised questions. The admission comes as federal banking agencies conduct an investigation. Reporting from Washington —

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