Housing – Page 9 – Florida Center for Investigative Reporting

Government Vows to Curb Banks’ Foreclosure Practices, But Enforcement Still a Question Mark

March 11, 2011

ProPublica: Hosts of federal agencies and regulators, along with the 50 state attorneys general, are hard at work on laying out new rules for banks and mortgage servicers. But attempts to reform this process have failed before. Will banks abusing the system be held accountable?

Loan Mod Program Left Homeowners Fate in Hands of Dysfunctional Industry

February 17, 2011

ProPublica: Millions of homeowners have been caught in the dysfunctional machinery of the loan servicing industry.

Florida’s Insurance Sinkhole: No Hurricanes, 30 Percent Rate Hike

February 17, 2011

Ralph De La Cruz: State Farm Florida wants a hefty rate increase despite a six-year stretch without hurricanes.

Accusations of Fraudulent Mortgage Documents Led Citigroup to Settle With Homeowners

February 8, 2011

ProPublica: Citigroup has reached settlements with homeowners who accused the bank of filing fraudulent mortgage documents to prove its legal standing to collect the debt in bankruptcy proceedings.

Dems: Obama Broke Pledge to Force Banks to Help Homeowners

February 7, 2011

ProPublica: Some Democrats now say Obama's administration undermined efforts to allow bankruptcy judges to lower home interest rates.

Govt’s Loan Mod Program Crippled by Lax Oversight and Deference to Banks

January 27, 2011

ProPublica: The Obama administration's $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation -- rather than enforcement -- with the nation's biggest banks. (Updated Feb. 17, 2011.)