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Monday, January 07, 2013

The Two-Way

Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

April 2011: A foreclosure sign in front of a home in Richmond, Calif.

January 7, 2013 Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.

Summary

Friday, March 16, 2012

Planet Money

A Former Mortgage Exec Speaks Out

Countrywide Financial Corp. in 2008.

March 16, 2012 A former employee describes what life was like inside a giant mortgage lender back in 2006. It's not pretty.

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Friday, February 10, 2012

The Two-Way

Deal With Banks Isn't Only Way For Homeowners To Get Help, HUD Chief Says

For sale signs on a foreclosed house in Glendale, Calif., last September.

February 10, 2012 There's been some skepticism about how much help the $25 billion package will give hard-hit homeowners. HUD Secretary Shaun Donovan says there are other remedies for those who were devastated.

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Tuesday, October 04, 2011

The Two-Way

Inspector General: Fannie Mae Was Told About Foreclosure Abuse In 2003

A foreclosure/price reduced sign stands in front of a home for sale on February 11, 2011 in Miami.

October 4, 2011 Warnings were given but action wasn't taken, an inspector general says. Read the report.

Summary

Friday, January 29, 2010

Planet Money

To Stay Or Walk Away

January 29, 2010 On today's podcast, tough decisions for underwater homeowners.

Summary

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