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February 172012

February 17, 2012 WaMu Reaches Deal with Preferred Shareholders for Plan Support Washington Mutual Inc reached an agreement yesterday that gave it the needed approval of creditors to end its

February 222012

February 22, 2012 CFPB Launches Inquiry into Bank Overdraft Practices The Consumer Financial Protection Bureau (CFPB) is expected to launch an inquiry today into banks’ overdraft practices, which have

February 292012

February 29, 2012 Stockton's City Council Approves Bond Default Plan Stockton, Calif.'s city council approved a plan yesterday for the city to skip some bond payments in an effort to restructure its

March 22012

March 2, 2012 Harrisburg Controller, Treasurer File Objections as Plan Hearing Begins Harrisburg, Pa.'s city controller, treasurer and council president asked a judge to reject a proposal to fix the

February 282012

February 28, 2012 FHFA Will Sell Foreclosed Fannie Mae Properties to Investors for Rentals The Federal Housing Finance Agency (FHFA) will begin inviting bids from investors to buy packages of

March 12012

March 1, 2012 Bank of America Weighs Fee Revamp Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts to pay a monthly fee unless they agree to

March 52012

March 5, 2012 Some Boom-Era Property Speculators to Get Foreclosure Aid Through Revamped HAMP The Obama administration will extend mortgage assistance for the first time to investors who bought

February 272012

February 27, 2012 Harrisburg City Council Seeks to Reinstate Bankruptcy Appeal Harrisburg’s city council asked a federal appeals court for permission to challenge the dismissal of its bankruptcy case

March 82012

March 8, 2012 Freddie Mac Faulted With FHFA on Loan Servicers Oversight Freddie Mac and its regulator, the Federal Housing Finance Agency, need to do a better job supervising financial institutions

March 62012

March 6, 2012 February Bankruptcy Filings Up 19 Percent over January Total bankruptcy filings in the United States increased 19 percent in February over last month, according to data provided by Epiq