Tag: Big Banks

Banks Find More Foreclosure Problems

Big banks discovered they wrongfully foreclosed on more than 700 military members during the housing crisis and seized homes from about two dozen other borrowers who were current on their mortgage payments, Jessica Silver-Greenberg and Ben Protess report in The New York Times. The banks — Bank of America, Citigroup, […]

Two U.S. states probing banks over Libor manipulation

By Karen Freifeld WASHINGTON (Reuters) – New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman said on Sunday. Schneiderman joined Connecticut’s Attorney General George Jepsen to start the investigation six months ago into the […]