In the early 2000s, predatory lenders took advantage of consumers who believed that a big part of the “American Dream” included owning a home of their own—to disastrous global consequences.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New ...

And Countrywide is there. And [Countrywide CEO Angelo] Mozilo was there. Other bankers are there from Citigroup. What happened? Well, oftentimes what would happen at these meetings is the ...

The mortgage market turbulence is as much about the breakdown of the structure of U.S. financial markets as it is about bad debt How could a modest increase in seriously delinquent subprime mortgages, ...

The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump ...