Newsroom Headlines

  March 5, 2008 Mortgage Lending Countrywide Sued Again by U.S. Trustee U.S. Trustee Donald Walton has filed a second lawsuit against the mortgage lender Countrywide Financial, accusing the company of

  March 4, 2008 February Consumer Bankruptcy Filings Increase 15 Percent U.S. consumer bankruptcy filings increased more than 15.2 percent nationwide in February over the previous month, according to

  March 3, 2008 Mortgage Lending U.S.  Trustees Sue Countrywide over Alleged Abuses Three U.S. trustees sued mortgage lender Countrywide Home Loans Inc. last week in three separate homeowners'

  February 29, 2008 Mortgage Lending Republicans Block Consideration of Housing Relief Package in Senate Senate Republicans yesterday blocked consideration of a bill designed to prop up the struggling

  February 28, 2008 Mortgage Lending Senate Majority Leader Pushes for Housing Bill Debate Despite Veto Threat Despite a veto threat, Senate Majority Leader Harry Reid (D-Nev.) pledged to bring up his

  February 27, 2008 Mortgage Lending Bush Vows to Veto Mortgage Modification Bill President Bush sided with banks and mortgage lenders yesterday, threatening to veto a bill being offered by Senate

  February 26, 2008 Mortgage Lending Foreclosure Bill Faces Senate Test The Senate is scheduled today to vote on a bill, S. 2636, that includes a provision to allow bankruptcy judges to reduce

  February 25, 2008 Mortgage Lending Congress to Examine Housing Proposals Congress is set to examine a housing stimulus package that includes such proposals as a change to the Bankruptcy Code for

  February 22, 2008 Lenders Fighting Mortgage Modification Proposals The nation's largest lending institutions are lobbying hard to block a proposal in Congress that would give bankruptcy judges

  February 21, 2008 Lending Squeeze Hits Ailing Firms With the economy sputtering and banks pulling back on lending, struggling companies looking to gain financing to rescue or bolster their