Mortgage Due (file / credit:

NYC U.S. Att’y Sues Allied Home Mortgage For Fraud

The federal government sued one of the nation’s largest privately held mortgage brokers, saying its decade-long fraudulent lending practices cost the government hundreds of millions of dollars and forced thousands of American homeowners to lose their homes.


St. Philip's Academy - Newark, NJ (file / credit: St. Philip's Academy)

Donations Help Newark St. Philip’s Academy Pay Off Mortgage

Head of school Miguel Brito says they got several anonymous gifts totaling $22 million, paying off the mortgage.


ATM, Bank of America

Bank Of America To Pay Out Mortgage Settlement

Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.


Home In Foreclosure (file / credit: Joe Raedle/Getty Images)

New York State Attorney General Eric Schneiderman Probing Banks’ Role In Mortgage Crisis

Schneiderman is seeking records from three major Wall Street banks as part of a broad investigation into the mortgage crisis that fueled the recession.


Housing Sales (Photo by Spencer Platt/Getty Images)

Why The Cost Of Your Mortgage And Car Loan May Be Headed Higher

The nation’s financial regulators are looking to prevent another housing boom and bust by encouraging safer home loan lending and borrowing practices.


Foreclosure - File / Photo: ROBYN BECK/AFP/Getty Images

Lenders Assail NJ’s Threats To Halt Foreclosures

State Supreme Court Chief Justice Stuart Rabner made a splash in December when he ordered six of the nation’s biggest mortgage lenders into court to show why their foreclosure operations shouldn’t be suspended over reports of widespread irregularities.


A Mortgage Apple Cake - Photo: Mortgage Apple Cakes

Stories From Main Street: Teaneck, NJ

You can have your cake and eat it, too!


Banks are raising fees to combat new credit card regulations. (Photo by Chris Hondros/Getty Images)

Banks Raising Fees To Combat New Regulations

Many banks are dealing with the loss of money from credit card regulations by finding new fees that customers could soon face.


Trenton Mayor Tony Mack (credit: CBS 2)

Questions Surround Trenton Mayor’s Mortgage

Mack has not been charged with anything and there are no indications that he or his campaign is being investigated.